346, 1 Queens Road, Melbourne, VIC 3004

Offices

For Sale $295,000

  • Property ID: 216649
  • Floor Area: 57m²
  • Occupancy: Vacant
PRESTIGIOUS INVESTMENT WITH 8% RETURN AND LONG TERM LEASE IN PLACE

Set amongst the beautiful surrounds of Albert Park Lake and Golf Course and conveniently located just 5 minutes from Melbourne CBD, St Kilda Rd Towers is the perfect place to invest in commercial property.

- Strong returns of 8%
- Rental increases of 5% p.a.
- Secure lease in place with quality tenants
- Hassle free investment – tenants pay all outgoings
- Excellent Appreciation of asset value

St Kilda Rd Towers is a building that has it all with an array of on-site facilities including:

- Concierge Monday to Saturday
- Stylish, state of the art boardrooms for hire
- Free gym with shower and locker facilities
- Photocopier, kitchenette and bathroom facilities located on every floor
- Fibre internet and phone solutions available with fast set up and on-site local support
- Gourmet food court and countless retails shops (newsagency, dry cleaner and beauty salon)
- Squires Loft Restaurant and Bar
- Secure underground car parking and storage (spaces available at an additional cost)

St Kilda Rd Towers is in an ideal location and just minutes from the Melbourne CBD. You’ll also find a variety of tram lines and bus stops at your doorstep, as well as many restaurants, bars, cafes, parks and gardens within walking distance.

CALL NOW TO INSPECT 03 9863 8888

Additional Information
Features
  • Car Spaces: 1 All car parking available on-site at an additional cost
Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5440 $578 10.63%
Retail --- $720 ---
This is the average advertised price, rent and yield for Melbourne, VIC 3004*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.
Tools

  Melbourne Commercial Office Sales & Leasing (MCO)

 

View Agency Profile

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 346, 1 Queens Road, Melbourne, VIC 3004. 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 346, 1 Queens Road, Melbourne, VIC 3004. 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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