Ground Floor, 155 Cremorne Street, Cremorne, VIC 3121

Offices

For Sale

  • Property ID: 440882
  • Floor Area: 406m²
  • Occupancy: Vacant
PRIME INNER-CITY OFFICE INVESTMENT OPPORTUNITY WITH SECURE LEASE AND DESIRABLE FEATURES

Nestled in the heart of Cremorne at 155 Cremorne Street, this top-tier office investment presented by Vinci Carbone offers a unique opportunity in a sought-after inner-city location. Boasting a secure new 5-year lease with a further option until 2034, this property is leased to a long term occupier, ensuring a stable and reliable income stream.

The modern ground floor office space spans 406 sqm*, featuring a high-quality fit-out and floor-to-ceiling windows that flood the space with natural light. With secure basement parking for 10 car spaces and access to the building's amenities, including a 20m swimming pool, gym and outdoor garden area, this property combines functionality with luxury. Its prime location in popular Cremorne offers excellent exposure, making it an attractive investment opportunity for discerning buyers.

Key Investment Highlights:

Secure new 5-year lease to 2029 plus a further option to 2034
Returning: $275,450 per annum* plus outgoings
Strong rental growth with fixed annual increases
6 month bank guarantee


Conveniently situated, the property enjoys excellent accessibility and is well-served by various public transportation options. A tram line running along Church Street, just 600 metres* away, provides convenient connectivity, while the proximity of Richmond Train Station, a mere 500 metres* from the property, offers additional transportation convenience.

Don't miss the chance to secure this trophy inner-city office investment.

FOR SALE

*approx.

Additional Information
Features
  • Lease Term: 5 years
  • Car Spaces: 10
Cremorne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $11379 --- ---
Industrial --- $128 ---
Offices $10705 $385 3.60%
This is the average advertised price, rent and yield for Cremorne, VIC 3121*

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.

Property Detail Notes:

  • 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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