UNLOCK REVENUE WITH THIS PRIME LEASED PORT MELBOURNE OFFICE.

Sale Details

Sold on 28 Mar 2025 for $560,000

Description

POINT OF INTEREST:

Port Melbourne is the commercial dock at the CBD bay, and this two-level office has the best position to put your interests (just left of) centre of it all. The self-contained package is made up of 132 sqm* of modern office floorplan, with a versatile mix of partitioned rooms and open plan areas. Begin meal prepping now, because the kitchenette is ready for staff, as are the bathroom amenities and ducted reverse cycle air conditioning and heating. There are 5 on-site car spaces, a valuable asset considering the calibre of neighbours you’ll be rubbing shoulders with, like Harvey Norman Commercial around the corner, the Security Hub next door, and Boral Head Office just down the street. However, neighbours you’re already acquainted with are also just as close; the West Gate Freeway, Citylink, Williamstown Road, and direct access to the CBD via Lorimer Street.

Senix Tool Australia Pty Ltd have taken tenancy as of 22nd July 2024 on a Three (3) year initial lease term with further terms at a rent of $34,500 p.a with 4% annual increases.

- Tenanted investment: Senix Tool Australia Pty Ltd returning $34,500 p.a with annual 4% increases.
- Three (3) year initial term from 22nd July 2024 with two further Three (3) year further terms.
- Suit circa 6%-6.5% yield investors.
- 132 sqm* total building area.
- Commercial 2 zoning.
- 5 on-site car spaces.
- Self-contained with a versatile mix of partitioned rooms and open-plan areas.
- Ducted reverse cycle air conditioning and heating throughout.
- 700 m* to the West Gate Freeway.
- 1.1 km* to the Citylink.
- 3.2 km* to the CBD.

POINT OF VIEW:

Embrace a golden opportunity with this tenanted gem in Port Melbourne’s thriving nexus. Effortlessly blend strategic location and guaranteed income—an investment in efficiency and elegance.

*Approx.

Pricing excludes GST