1, 4 Rocklea Drive, Port Melbourne, VIC 3207

Offices

For Sale

  • Property ID: 443611
  • Floor Area: 225m²
  • Occupancy: Vacant
One for Investors & Owner Occupiers. 10 Cars Spaces On Title. Sub $4,500 per sq metre.

POINT OF INTEREST:

In the heart of Port Melbourne’s commercial precinct, yet pleasantly removed from the suburb’s hustle and bustle, sits this highly presentable ground floor, corner office — one of only six in this boutique estate. Measuring 225 sqm*, the floor plan is functional, and the fit out considered with three partitioned offices, two open-plan workspaces, a boardroom, reception area, and 10 on-site car parks. The property is further highlighted by floor-to-ceiling windows on two sides of the office allowing natural light to stream inside.

Investors can take advantage of the currently leased income until the 5th November 2024 with no further options by Tangible Technology who provide IT managed services and IT support across all the critical components of IT infrastructure to clients Australia and globally. The company has noted they would like to renew for an additional 1 year if an investor buys it.

Occupiers can take just as much advantage purchasing a property as a going concern, bypassing the payment of GST and accessing this premises from the 6th November 2024 or earlier by agreement.

Located just 4 km* from the CBD, this estate is easily accessed by the West Gate Freeway — less than 1 km* away and via public transport options at the end of the street.

Points Worth Mentioning:
- Total Building Area: 225 sqm*
- Short term lease until November 2024.
- Considerable fit out owned by landlord.
- Ducted heating and air-conditioning.
- Ground floor suite excellent for disability services.
- 10 car spaces on title.

POINT OF VIEW:

Ground floor and corner positioned office suites of this quality and at this price point are few and far between in this current market — and in one of Port Melbourne’s nicest boutique estates — it’s attention astute buyers.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 5th November 2024
  • Car Spaces: 10 on title.
  • Condition: Excellent.
  • Air Conditioning: Yes
  • Floors: Carpet / concrete
  • Lifts: NA
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $1000 pa approx.
  • Council Rates: $3000 pa approx.
  • Owners Corp. / Insurance: $5000 pa approx. (includes building insurance)
Port Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5217 $195 3.73%
Retail $7391 $329 4.46%
Offices $4628 $247 5.35%
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 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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