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TMG, Ground, 53 Bay Street Port Melbourne, VIC 3207

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TMG, Ground, 53 Bay Street,
Port Melbourne, VIC 3207

Medical & Consulting

Price information

Sale

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Key property information

Floor area

Property extent

Zoning

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$11,433

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to arrange a private inspection.

Map of TMG, Ground, 53 Bay Street

Directions
  • Train stations within 5 km of TMG, Ground, 53 Bay Street, Port Melbourne, VIC 3207Distance
    Southern Cross Station2.8 km
    NSW Train Link2.9 km
    Flinders Street Railway Station3.6 km
    Flagstaff Station3.6 km
    North Melbourne Station3.8 km
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  • Tram stops within 5 km of TMG, Ground, 53 Bay Street, Port Melbourne, VIC 3207Distance
    128-Graham St/Light Rail (Port Melbourne)534 m
    129-Beacon Cove/ Station Pier571 m
    127-North Port Station/Light Rail (Port Melbourne)997 m
    32-Beaconsfield Pde/Victoria Ave (Albert Park)1 km
    31-Graham St/Victoria Ave (Albert Park)1.1 km
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  • Bus stops within 5 km of TMG, Ground, 53 Bay Street, Port Melbourne, VIC 3207Distance
    Dow Stbeach St196 m
    Bay St/Beach St (Port Melbourne)233 m
    Nott St/Graham St (Port Melbourne)256 m
    Graham St/Bay St (Port Melbourne)295 m
    Liardet St/Bay St (Port Melbourne)415 m
    POWERED BY HERE ©
POWERED BY HERE ©

Blue Chip Investment

  • Long Term Tenant
  • Central Loction
Prime Bay Street position with direct exposure to the main road and a high volume of vehicles passing daily.
Property Features:
- Building area | 325m2 approximately
- Zoning | Commercial 1
- Current Tenant is a big medical group.
- Lease, 5 years commenced 1 Dec 2017
- Lease renewal 1 Dec 2022 , 5 years with further terms 5 x 5
- Modern fit-out
- 9 offices/ rooms, large reception area, 3 toilets, 1 staff room, 2 storage and 2 small rooms for multi-use
- Rental Return : $ 11,433.10 per calendar month/ $ 137,197.2 per PA including GST Plus outgoing
- Situated within the business district, many key precincts are nearby
- COUNCIL RATES: $6976 per annum.
- BODY CORPORATIONS: $4496/per year
- WATER: $1,136 PER YEAR (approximately)

Property ID: 504695032Last Updated: 23 Sep 2024

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TMG, Ground, 53 Bay Street
Port Melbourne, VIC 3207

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