582-584 Lt Collins Street, Melbourne, VIC 3000

Other

Sold $3,100,000

  • Property ID: 105804
  • Floor Area: 507m²
  • Land Area: 239m²
Sold / Leased Results

Name Result Date Floor Land Result Price
main Sold 15/08/2011 507m2 239m2 $2,625,000
MAGNIFICENT CBD INVESTMENT WITH ENORMOUS FUTURE UPSIDE

This is a rare opportunity to secure a Freestanding CBD Freehold. Leased to an established tenant until November 2016 plus one further option of 5 years. *Current Rental $110,919 per annum (approx) plus outgoings. *Extensive fitout by tenant. *Fixed Rent Reviews at 5% per annum - Market Review 2016. *Building Area: 507 square metres (approx). *Land Area: 239 square metres (approx) (plus ROW over adjacent property). *Zoning: Capital City 1

Additional Information
Features
  • Zoning: Capital City 1
  • Rent Review: Fixed Rent Reviews until 2016 at 5% pa from 2012
Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6717 $807 12.01%
Industrial --- $305 ---
Retail $7000 $689 9.85%
This is the average advertised price, rent and yield for Melbourne, VIC 3000*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 582-584 Lt Collins Street, Melbourne, VIC 3000. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 582-584 Lt Collins Street, Melbourne, VIC 3000. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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