607 St Kilda Road offers the ultimate combination of investment features - high profile location; fully leased with a WALE of over 6 years; well designed office building; low-risk lease expiry profile; strong rental growth potential and substantial depreciation benefits.
With investor sentiment towards the St Kilda Road office market continuing to lift following an unprecedented year of leasing activity, 607 St Kilda Road provides astute investors with a rare opportunity to invest in the strongest performing office leasing market of the past 12 months.
Key investment highlights include:
- High quality 12 level office building
- NLA: 7,207sqm* plus 128 secure car spaces
- 100% leased to high quality national and global tenants
- Estimated net income of $2,346,184 p.a.* (As at 1 April 2012)
- WALE of over 6 years
- Extensively refurbished with minimal capital expenditure requirement
- Substantial depreciation benefits
- Efficient floor plates and panoramic views
- NABERS exempt
*approx
Contact:
Knight Frank
Langton McHarg 0402 138 451
Paul Henley 0421 059 720
Colliers International
Nick Rathgeber 0413 420 400
Leigh Melbourne 0413 253 339