Skip to main content
97 Tope Street
South Melbourne VIC 3205
SearchBack to results
Sold on 27 Mar 2019

97 Tope Street South Melbourne VIC 3205

  • Shop & Retail
  • 1,827 m²
  • Sold

PREMIUM CHILD CARE CENTRE LOCATED WITHIN FLAGSHIP MUNICIPALITY 1.5KM* FROM THE MELBOURNE CBD

    OVERVIEW

    + Annual income of $434,700pa* + outgoings + GST + fixed 3.5% annual increases (significant rental upside market review 2021)

    + Commanding 1,827sqm* building area

    + Corner landholding with dual street frontages

    + Tenant owned by Partners Group, a multinational investment fund with $118 billion under management

    + Staggering fit out costs estimated at $6,300,000*

    + Leased to national tenant with over 100 centres nationwide and an impressive 15 year history

    LOCATION

    + Exceptional city fringe location, just 850m* to the world renowned Crown Casino & Melbourne CBD (1.5km*)

    + Only 980m* from the brand new South Melbourne Primary School, the first vertical government school in Victoria which will accommodate more than 525 students

    + South Melbourne has a median house price in excess of $1,500,000 making for strong underlying land value**

    EXPRESSIONS OF INTEREST NOW CLOSED

    For further information contact the exclusive selling agents:

    Josh Twelftree
    +61 452 524 985

    Sandro Peluso
    +61 418 389 757

    Jimmy Tat
    +61 439 399 118

    *approx

    Property Highlights

    Date Sold27 Mar 2019
    Floor Area1,827 m²
    Land Area736 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231839
    Category
    Last updated  3 Sep 2021
    Map for 97 Tope Street South Melbourne VIC 3205

    Property Highlights

    Date Sold27 Mar 2019
    Floor Area1,827 m²
    Land Area736 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231839
    Category
    Last updated  3 Sep 2021
    Level 34, 8 Exhibition Street Melbourne VIC 3000

    More Shop & Retail for Sale in South Melbourne VIC

    Sold
    544-546 city road,south melbourne, VIC 3205
    283 m²
    Shop & Retail
    Sold
    the water rat hotel/256-258 moray street,south melbourne, VIC 3205
    513 m²
    Shop & Retail
    Sold
    259 park street,south melbourne, VIC 3205
    200 m²
    Shop & Retail