Suite 204 & 205/120 Bay Street,
Port Melbourne, VIC 3207
Offices
Price information
Sale
Contact Agents
Key property information
Floor area
Car spaces
Private inspections
to arrange a private inspection.
Map
BLUE CHIP INVESTMENT!!!
Modern building fully fitted and tenanted!
This superb A grade office building offering 334m2 & 368m2 + Terrace areas of 120m2 and 33 under cover secure car parking spaces. Facing Bay Street with ample natural light and quality fit-out including reception, partitioned offices, meeting rooms, open plan and huge terrace for outdoor entertaining.
Lemon Baxter is proud and delighted to offer the following offices for your consideration. You can purchase one or both offices.
Suite 204
Size 368m2 + terrace and 17 car parking spaces on Level 2
Current rental is $129,244 net pa + outgoings + GST.
Annual increase is 3% with no market review
Lease expires: 28/2/2025 with 1 further term of 2 years
Price guide is $2,250,000 = Net yield 5.8%
Suite 205
Size 334m2 + terrace and 16 car spaces on Level 2.
Current rental is $118,079 net pa + outgoings + GST
Annual increase is 3% with no market review.
Lease expires: 28/2/2025 with 1 further term of 2 years
Price guide is $2,100,000 = Net yield 5.6%
Key features include:
1.Complete with high quality fit-out with amazing natural light
2.Heating and Cooling
3.Kitchen and staff break out areas
4.Cafés and eateries with Port Melbourne beach just a stone throw away.
5.Excellent access to major aerial roads including West Gate Freeway, Southbank and CBD
This opportunity is certainly not to be missed. Seeing is believing. Call to arrange a private tour now!!!!
This superb A grade office building offering 334m2 & 368m2 + Terrace areas of 120m2 and 33 under cover secure car parking spaces. Facing Bay Street with ample natural light and quality fit-out including reception, partitioned offices, meeting rooms, open plan and huge terrace for outdoor entertaining.
Lemon Baxter is proud and delighted to offer the following offices for your consideration. You can purchase one or both offices.
Suite 204
Size 368m2 + terrace and 17 car parking spaces on Level 2
Current rental is $129,244 net pa + outgoings + GST.
Annual increase is 3% with no market review
Lease expires: 28/2/2025 with 1 further term of 2 years
Price guide is $2,250,000 = Net yield 5.8%
Suite 205
Size 334m2 + terrace and 16 car spaces on Level 2.
Current rental is $118,079 net pa + outgoings + GST
Annual increase is 3% with no market review.
Lease expires: 28/2/2025 with 1 further term of 2 years
Price guide is $2,100,000 = Net yield 5.6%
Key features include:
1.Complete with high quality fit-out with amazing natural light
2.Heating and Cooling
3.Kitchen and staff break out areas
4.Cafés and eateries with Port Melbourne beach just a stone throw away.
5.Excellent access to major aerial roads including West Gate Freeway, Southbank and CBD
This opportunity is certainly not to be missed. Seeing is believing. Call to arrange a private tour now!!!!
Property ID: 504171879Last Updated: 12 Jun 2024
Suite 204 & 205/120 Bay Street
Port Melbourne, VIC 3207
Lemon BaxterLevel 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Unit 11, 41 Sabre Drive,Port Melbourne, VIC 3207 505 m²Offices • Showrooms & Large Format Retail