SUBURB PRICE GUIDE

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Offices For Sale found in NORTH MELBOURNE, VIC 3051

BRAND NEW RETAIL OR OFFICE OFFERING

Retail | Medical | Offices

Knight Frank is thrilled to present this simply exceptional retail, hospitality or office opportunity on one of Melbourne’s grandest and fastest evolving boulevards. Forming part of the highly anticipated The Principal development, this is an opportunity not to be missed.
Key details for your consideration include:
-Total Retail Area of 260 sqm*
-Ability to divide space, buy one or both (STCA)
-Three (3) on site car spaces
-Prominent corner frontage of over 36 metres*
-Outdoor seating / dining opportunities (STCA)
-Excellent public transport availability
-Suits both owner occupiers or investors from hospitality, retail or medical industry
-Strategic city-fringe location
-Due for completion early 2019
-Situated within rapidly gentrifying suburb of North Melbourne, within Victoria’s coveted medical and education precincts
The property is for Immediate Private Sale, for further information please contact the exclusive sales and marketing agents, Knight Frank.
*approx

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Price: Contact Agent    Building: 95m² - 260m²    Land: 95m²    Occupancy: Vacant

BRAND NEW AND READY TO GO!

Offices

A fantastic opportunity to purchase within this near new development.
With only 4 commercial office suites on the ground floor of this building you will need to be quick as only 2 Suite remain!
An excellent choice for both owner occupiers and investors alike.
As an investment you will have no issues in quickly finding a secure professional services tenant.
*Areas ranging from 100m2 to 110m2
*Brand new ground floor offices
*Car parks on title
*Shared boardroom facilities
*Private kitchenettes within each suite
*Excellent location only minutes from CBD and Citylink
*Suitable for investors and owner occupiers

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Price: Contact Agent    Building: 100m²    Occupancy: Vacant

SECOND FLOOR OFFICE WITH A VIEW

Offices

Light filled second floor office space now available for lease. Located within Melbourne's Medical Precinct and directly across the road from the Royal Woman's and Royal Melbourne Hospitals, this small yet functional office space will suit a variety of office requirements.
Property details
- Suite size 32m2*
- Fully Air-conditioned
- Outgoings included in rental
- Kitchenette included
Within close proximity to.
- Royal Melbourne Hospital,
- Royal Woman's Hospital
- Peter McCallum Cancer Centre
- Melbourne University
- Less than 5 minutes to the CBD

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Rent: $17,000 p.a.    Building: 32m²

110SQM OF CITY FRINGE OFFICE SPACE WITH 4 CAR PARKS!

Investment | Offices

Currently leased at almost $30,000 per annum this 5th floor office suite offers city views and an abundance of natural light.
* Close to the planned Arden/Macaulay Urban Renewal Precinct
* Major arterial hubs at your doorstep
* Adjacent to tram and train stops
* Easy access to the CBD
* Data and phone cabling
* Individual reverse cycle heating and cooling
* Open plan layout
* Secure undercover parking for four cars
* 24 hour security entrance with lift access to all levels
* Disabled access available
* Toilet and kitchen facilities
* Convenient to all major facilities including Royal Park, Hospitals and Universities

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Price: $480,000    Building: 110m²    Occupancy: Tenanted


A HIGHLY FUNCTIONAL OFFICE SUITE

Offices

A modern office suite with excellent natural light located in a prized city fringe location, close to CityLink and the CBD. Located on Level 2, the space provides an open plan fit out together with meeting rooms, tea room and ancillary offices. An Impressive office suite which will suit a variety of occupiers in such a highly sought after location.
SUITE 201

  • Floor area: 500 sqm (approx)
  • 15 car spaces
  • Existing fitout available

OFFERED WITH VACANT POSSESSION

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Price: Contact Agent    Building: 500m²    Occupancy: Vacant

TWO HIGHLY FUNCTIONAL OFFICE SUITES

Offices

Two modern office suites with excellent natural light located in a prized city fringe location, close to CityLink and the CBD. Located on Level 2, the space provides an open plan fit out together with meeting rooms, tea room and ancillary offices. Impressive office suites which will suit a variety of occupiers in such a highly sought after location.
SUITE 201

  • Floor area: 500 sqm (approx)
  • 15 car spaces
  • Existing fitout available

SUITE 202
  • Floor area: 300 sqm (approx)
  • 8 car spaces
  • Existing fitout available

OFFERED AS A WHOLE OR SEPARATELY WITH VACANT POSSESSION

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Price: Contact Agent    Building: 800m²    Occupancy: Vacant

A HIGHLY FUNCTIONAL OFFICE SUITE

Offices

A modern office suite with excellent natural light located in a prized city fringe location, close to CityLink and the CBD. Located on Level 2, the space provides an open plan fit out together with meeting rooms, tea room and ancillary offices. An Impressive office suite which will suit a variety of occupiers in such a highly sought after location.
SUITE 202

  • Floor area: 300 sqm (approx)
  • 8 car spaces
  • Existing fitout available

OFFERED WITH VACANT POSSESSION

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Price: Contact Agent    Building: 300m²    Occupancy: Vacant

Properties located in the surrounding suburbs

MELBOURNE CBD FREEHOLD INVESTMENT - AAA ...

Investment | Offices

- 100% freehold interest
- 18 level office building with NLA 11,513sq m*
- 10 year lease to the Victorian State Government (S&P AAA Rating)
- Lease commencing 25 October 2017
- 3.75% fixed annual rent reviews
- Large underlying land area of 2,213sq m*
- Rapidly developing CBD location
- 36 secure basement car parks
- 1.5 Star NABERS Energy Rating
- WALE 10 Years*
- Net Passing Income $5,024,724*
*Approximately
*In conjunction with Savills

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Price: Contact Agent    Building: 2213m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - North Melbourne, VIC 3051

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $4081 $367 8.99%
Retail $247
Industrial $373
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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