Tenanted by the Society of Automotive Engineers - Australasia (SAE-A) since 2013, and with a recently renewed lease through to August 2019, this property provides an excellent opportunity for investment.
SAE-A itself was founded in Melbourne in 1927 and is the world's third oldest mobility society. It was founded due to the need for further education in all facets of Automotive Engineering and now encompasses all mobility engineering industries in the Asia Pacific region.
The subject properties comprise a high quality two level office located within an established commercial area of Port Melbourne, approximately 5 minutes from the CBD and close proximity to Westgate, Tullamarine and Monash Freeways.
- Offices and open plan work space
- Boardroom and reception area
- Self contained
- Exclusively allocated car parking for 5 vehicles
- Rental income: $32,355.60 - From 19th August 2017
- Renewed Lease term: 3 years (Comm 19th August 2016)