49-51 Stead Street South Melbourne VIC 3205

Offices
1,078 m²
Sold

A prominent four level corner office investment

- Newly Refurbished Office Building
- 7 Year Lease Commencing August 2018
- Total Net Income $556,348* p.a

Colliers International and Gross Waddell are delighted to offer for sale this landmark South Melbourne office investment by Expression of Interest closing Thursday 12th September at 3pm.

Having been fully refurbished throughout, this magnificent 4 level corner office building presents extremely well throughout, and is ideally positioned within South Melbourne’s Commercial Precinct. The key features include:

- Fully leased to award winning architects Ewert Leaf with a total net rental of $556,348* p.a
- 7 year lease (comm. August 2018) plus options
- Annual fixed renal increases of 3,75%, market review at option
- Total building area of 1,078m²* over 4 levels, plus additional onsite car parking
- Large floor plates with excellent natural light
- Significant high exposure corner land holding of 406m²* boasting 56m of total street frontage
- Within close proximity to St Kilda Road, Melbourne CBD, Albert Park lake and well serviced by transport networks including Domain Interchange and the future Anzac Train Station

NABERS Rating: 3.5-Star

For further information please contact the selling agents.

Colliers International

Ted Dwyer 0411 312 165
Ben Baines 0438 328 407
Daniel Wolman 0412 957 839

Gross Waddell

Alex Ham 0410 545 226
Michael Gross 0419 355 561

*approx

EXPRESSION OF INTEREST

Closing date and time	12/09/2019 15:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Colliers International | Melbourne East

Chadstone Tower One

Chadstone, VIC 3148

Property Highlights

Date Sold	4 Sep 2019
Floor Area	1,078 m²
Land Area	Ask Agent
Energy	3.5-star NABERS Energy rating
Parking	On site parking available
Property ID	2015517299
Category	Offices
Last updated	5 Sep 2019

Map for 49-51 Stead Street South Melbourne VIC 3205

Nearest transport* to 49-51 Stead Street South Melbourne VIC 3205

Bus

Train

Tram

ANZAC Station/St Kilda Rd (Melbourne City)	406 m
ANZAC Station/St Kilda Rd (Melbourne City)	456 m
ANZAC Station/Domain Rd (Melbourne City)	513 m
ANZAC Station/Domain Rd (Melbourne City)	538 m

*Within a 4km radius

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Colliers International | Melbourne East

Chadstone Tower One

Chadstone, VIC 3148

Property Highlights

Date Sold	4 Sep 2019
Floor Area	1,078 m²
Land Area	Ask Agent
Energy	3.5-star NABERS Energy rating
Parking	On site parking available
Property ID	2015517299
Category	Offices
Last updated	5 Sep 2019

Listed by

Ben Baines

Colliers International | Melbourne East

Call

0438 328 407

More about 49-51 Stead Street South Melbourne VIC 3205

49-51 Stead Street South Melbourne VIC 3205 is categorized as Office. It has a floor area of 1,078 m². The listing ID for this property is 2015517299.