Knight Frank is delighted to present this premium investment opportunity perfectly located in one of Melbourne's most renowned commercial and lifestyle precincts.
Currently leased to the well-known and highly respected Vincent Chrisp architects, this exceptional office not only boasts a secure blue-chip investment opportunity for investors, but has the benefit of being surrounded by Melbourne's finest amenity. This includes world-class restaurants and cafes, luxury shopping, sporting facilities and excellent public transport access for both tenants and future owner occupiers.
Highly sought-after office location in the tightly held Southbank precinct
Secure lease to the highly regarded Vincent Chrisp Architects
Direct access to Melbourne's CBD and St Kilda Road commercial precinct
Walking distance to the Royal Botanic Gardens and Albert Park Lake
Surrounded by Melbourne's finest amenity
TENANCY SCHEDULE
Lessee: Vincent Chrisp & Partner Pty Ltd (long term building occupier)
Lease Term: 5 years commencing 1st July 2015
Further Terms: 2 x 3 years
Net Rental: $60,810 per annum (plus GST) as of 1st July 2018
Fixed Rent Increase: 4% fixed annual increase
Bank Guarantee: Three (3) months' rent ($13,515)
Outgoings: 100% paid by tenant (except land tax & safety management)
Due to the current lack of supply of investment opportunities in the prime City Fringe area, there is no doubt that you'll benefit from this outstanding blue-chip investment, perfect for your self-managed super fund.
Deadline Private Sale closing 3pm on Tuesday 15th of May 2018.
To arrange an inspection please contact one of the exclusive agents.
