Grandfield Property Group is pleased to offer for sale this entry level city fringe modern office freehold investment located at Suite 306, 204 Dryburgh Street, North Melbourne VIC 3051 by Expressions of Interest closing Friday 24th June 2022 at 5pm.
Well located on the Level 3 of the boutique modern office building at 204-218 Dryburgh Street, North Melbourne, this freehold opportunity offers excellent affordable entry level investment opportunity with long-term lease.
Key attributes of this attractive investment include:
* Fully leased to a well-established local architecture company tenant
* 3-year lease from March 2022 with additional options until 2031
* Current net annual rental of $28,000 with fixed annual rental increases
* Area: 79 m2 approx.
* 2 secure onsite basement car parks
* Fitted modern office including open plan space and a partitioned office/meeting room
* Equipped with heating & cooling air-conditioning and convenient building facilities including communal kitchenette & toilets
* Excellent natural lights
* Outstanding public transport including North Melbourne Railway Station within walking distance and tram stop on Queensberry Street just around corner
* Strategically located on Dryburgh Street within close distance to Errol Street dining & shopping precinct, and easy access to CBD, Citylink and M3 freeway
* Hugh potential with a stone's throw from future Arden Railway Station & Arden Precinct
For Sale by Expressions of Interest closing Friday 24th June 2022 at 5pm.
For further information or to arrange a private inspection of the property please contact exclusive selling agent Grandfield Property Group Sales Team.