1 Palmerston Crescent,
South Melbourne, VIC 3205
Offices
Price information
Sold
$14,300,000
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Land area
Floor area
Car spaces
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Map of 1 Palmerston Crescent
Secure Investment with New 10 Year Lease
- New 10 year lease
- Net income $1,043,386 p.a
- Long term development play
Colliers International and Lemon Baxter are delighted to offer 1-7 Palmerston Crescent, South Melbourne for Sale by Expression of Interest closing Friday 22nd November 2013 at 2pm. This is a rare opportunity to purchase a securely leased and low maintenance city fringe office investment with future residential development upside in this often sought but seldom found price range.
• Refurbished 4 level office building of 2,794 sqm plus 43 cars
• New 10 year lease to Doquile Perrett Meade
• Net income $1,043,386 pa - as at 1 March 2014
• Situated in South Melbourne's best location close to the Botanic Gardens and St Kilda Road
• Long term development play in current 60 metre height precinct
• NABERS Energy Rating - 0 Stars
• Refurbished 4 level office building of 2,794 sqm plus 43 cars
• New 10 year lease to Doquile Perrett Meade
• Net income $1,043,386 pa - as at 1 March 2014
• Situated in South Melbourne's best location close to the Botanic Gardens and St Kilda Road
• Long term development play in current 60 metre height precinct
• NABERS Energy Rating - 0 Stars
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Property ID: 500920435Last Updated: 21 Aug 2015
1 Palmerston Crescent
South Melbourne, VIC 3205
Lemon BaxterLevel 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
Colliers - Melbourne EastLevel 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
CHADSTONE, VIC 3148
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