SUBURB PRICE GUIDE

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Showrooms For Sale found in SOUTH MELBOURNE, VIC 3205

Properties located in the surrounding suburbs

SUPER PRIME CORNER CBD RETAIL INVESTMENT

Investment | Retail | Showrooms | Offices

The key attributes of 185-187 Lonsdale Street include:
- An attractive freestanding three level retail building of 550sq m*
- Fully leased to two long standing tenants
- New 10 year leases for both ground floor and upper floor tenants
- Valuable corner landholding of 188sq m*
- The upper floors have recently undergone a significant refurbishment
- Two extensive street frontages totalling 30 metres* (with 8.94m* frontage to Lonsdale Street)
- Current net income: $400,000 pa*
- A remarkable location within the 24-hour Chinatown district of MelbourneĀ“s East-End opposite QV retail complex
- A very rare opportunity to secure a corner CBD freehold property!
For Sale by Expressions of Interest closing Friday 8 December at 2pm.
For further information, please contact:
Savills
Nick Peden - 0402 011 266
Clinton Baxter - 0413 569 888
Burgess Rawson
Jamie Perlinger - 0413 860 315
Nick Breheny - 0408 155 587

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Price: For Sale by EOI - Closing Friday 8 Dec at 2pm    Building: 550m²    Land: 188m²    Occupancy: Tenanted

PRIME INVESTMENT OPPORTUNITY!!

Investment | Offices | Showrooms

Two level office in prominent corner location.
This property has been split into two different tenancies both with their own amenities and secure entrance.
Property Details:
Corporate Tenants
Lease Term: 4 years
Yield: 6.5%

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Price: Contact Agent    Building: 497m²    Occupancy: Tenanted

MODERN OFFICES TO OCCUPY, INVEST OR DO BOTH!

Offices | Showrooms

These well appointed offices with excellent street presence are set over 2 levels totalling 436 sqm (approx) offer a great opportunity to invest or to occupy either part or all of the building.
Note - 13 car parks included on title and currently outside the congestion levy zone.
Kitchen and toilet amenities are on both levels and the premises are in excellent condition and air conditioned.
Currently leased at $99,031 pa expiring in April 2017.
Mid $1m buyers should inspect.
Inspect Tuesday and Thursday 3 - 3.30 pm from 08/11/2016 to 29/11/2016.

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Price: $1,750,000    Building: 436m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - South Melbourne, VIC 3205

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

Price (m²) Rent (m²) Yield
Offices $558
Retail $5690 $478 8.41%
Industrial $209
* 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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