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Sold on 7 Mar 2018

Level 3, 304/53-65 Stead Street South Melbourne VIC 3205

  • Offices
  • Land Size50 m²
  • PriceSold

South Melbourne Boutique Office Tenanted Investment

The opportunity to secure a high calibre asset of this nature is very rare, especially when you consider the prime location, the incredible quality of this fit out and the secure tenant currently in place.

Located on Level 3, Suite 304 / 53-65 Stead Street, South Melbourne, this recently renovated, impressive office suite presents immaculately throughout, and provides open plan accommodation.

This striking office suite of approx. 50m2, is securely leased to a high-quality tenant and is ideally located in the heart of South Melbourne, close to Albert Park Lake and Melbourne's CBD. and presenting an outstanding investment opportunity to Self-Managed Super Fund (SMSF), investors & owner occupiers.

The key attributes of the property include:

• Total area: *50m2 * appx
• Fully Refurbished Office Suite
• Parallel parking on site for 2 vehicles
• Leased to Long Standing Tenant
• 3 X 3 year lease from January 2017
• Current Rental: $22,000 per annum + GST + Outgoings
• Estimated Rental Yield at 6.47% *appx
• Exceptional natural light
• Prime South Melbourne Location, surrounded by an abundance of local retail/cafe establishments, public transport and only 2km to the CBD

Contact agents for further details and to arrange suitable inspection times

Andrew Vandermeer - 0403 193 007

Torsten Kasper - 0428 454 181

Property Highlights

Property ID2014069450
Date Sold7 Mar 2018
Floor AreaAsk Agent
Land Area50 m²
ParkingAsk Agent
Category
Last updated  29 Jun 2018
Map for Level 3, 304/53-65 Stead Street South Melbourne VIC 3205
Chisholm & Gamon Elwood
90 Ormond Road Elwood VIC 3184

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