Prominent Docklands Investment - Leased to Renowned Estate Agency

Auction - 1 & 2, 846 Bourke Street, Docklands, VIC 3008

Investment (Retail)

Overview

Property ID: 16105
Price: Contact Agent
Rent: $68,000 (ex. GST)
Building: 137m²
Zoning: Docklands Zone 2
Auction
27/02/2020 12:00 PM
Add to Calendar 27/02/2020 12:00 PM 27/02/2020 12:00 PM Australia/Melbourne Auction - 1 & 2, 846 Bourke Street, Docklands, VIC 3008 Prominent Docklands Investment - Leased to Renowned Estate Agency Ryan Milivojac ryan.milivojac@cva.melbourne false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960

Description

Superb Docklands retail investment offered for sale via Public Auction on Thursday 27th February 2020 at 12pm on-site.

Comprising 137m2* floor area across two titles, this ground floor corner property is leased to established real estate agency Nelson Alexander.

Key Investment Features:
- Leased to Nelson Alexander Pty Ltd
- $68,000 per annum gross rental income
- Lease commenced 15th October 2019
- Three (3) year term
- Three (3) year further option
- Security bond equivalent to three (3) months rental
- Director Guarantees

Key Property Features:
- 137m2* total floor area
- Prominent street level corner site
- Close proximity to Southern Cross Station
- 950m* from Melbourne CBD

Prominently positioned at the junction of Cumberland and Bourke Streets, the property sits at the base of a modern mixed used development - benefiting from Docklands' renowned lifestyle amenity and exceptional access to the Melbourne CBD. The property is surrounded by high quality occupiers including Woolworths, Australia Post, Westpac and Subway. Additionally, the location is well serviced by public transport with Southern Cross Station located 750m* away and tram stops 300m* away along Collins Street.


*approx
Note: Prices exclude GST

Additional Info

Features
Occupancy Tenanted: Nelson Alexander Pty Ltd
Lease Term Three (3) Years
Rent Review Annual 3.25%
Commenced 15 October 2019
Bonds / Guarantees $15,814.28 + director guarantees
Car Spaces Nil
Car Parking Fees N/A
Outgoings
Outgoings Payable Gross Lease

Agent Details

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