3/11 Sabre Drive, Port Melbourne, VIC 3207

Industrial

For Sale Contact Agent

  • Property ID: 393757
  • Floor Area: 304m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
PREMIUM CITY FRINGE INVESTMENT

CBRE is delighted to present Unit 3, 11 Sabre Drive, Port Melbourne For Sale via Expressions of Interest closing Thursday 15th July 2021 at 4pm (AEST).
This outstanding property is strategically located in the heart of Port Melbourne and within minutes of the Melbourne CBD, providing excellent access to all major road arterials.
The property is surrounded by new residential/commercial developments that are commencing soon. This is an ideal opportunity to take advantage of the changing local area by purchasing this rare City Fringe investment with a long standing tenant who has been in occupation for 13 years.
Lease Details:
+ Tenant: Premium Beverages Pty Ltd (now Coopers Premium Beverages Pty Ltd)
+ Term: Three (3) years
+ Rental: $70,083.72 per annum
+ Commencement: 1st November 2019
+ Reviews: Fixed annual reviews of 2.75%
+ Options: 3+3 years

Port Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5611 $231 4.12%
Offices $6174 $302 4.90%
Retail $9253 $445 4.81%
This is the average advertised price, rent and yield for Port Melbourne, VIC 3207*

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

Days on Market data for Industrial 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.

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™.
  • 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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