Office 301, 232 La Trobe Street, Melbourne, VIC 3000

Offices

For Sale

  • Property ID: 441556
  • Floor Area: 173m²
  • Occupancy: Tenanted
Circa 6% Yield Prime Office Investment In Melbourne CBD

Grandfield Property Group is pleased to offer for sale this prime modern office investment in the heart of Melbourne's CBD located at Office 301, Level 3, 232 La Trobe Street, Melbourne VIC 3000 by Expressions of Interest closing Friday 22nd March 2024 at 5pm.

Well located on the Level 3 of the landmark Aurora Tower South Office Towner, this modern office offers excellent freehold investment opportunity with a commercial lease with Lendlease, John Holland and Bouygues Construction in a joint venue partnership used as office to deliver the Melbourne Metro Tunnel Project.

Key attributes of this attractive investment include:

*Fully leased to renowned national construction companies Lendlease, John Holland and Bouygues Construction in a joint venue partnership
*One (1) year brand new lease from January 2024 with additional options until 2026
*Current net annual rental of $110,000+GST with market review opportunity upon tenant's exercising further option term
*Area: 173 m2 approx.
*1 secure onsite car park
*Modern design with partitioned offices, open plan space, conference room and a reception area
*Central heating/cooling air-conditioning allowing separate controls to different zones
*Fully equipped kitchenette include fridge and microwave
*Separate male/female and disabled toilets
*Floor to ceiling windows with great natural light

For Sale by Expressions of Interest closing Friday 22nd March 2024 at 5pm.

For further information or to arrange a private inspection of the property please contact exclusive selling agent Grandfield Property Group Sales Team.

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $305 ---
Offices $6717 $807 12.01%
Retail $7000 $689 9.85%
This is the average advertised price, rent and yield for Melbourne, VIC 3000*

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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