160 Harbour Esplanade,
Docklands, VIC 3008
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Iconic Melbourne Waterfront Investment - New 15 Year Triple Net Lease
Colliers International is privileged to offer for sale a truly unique waterfront investment property in Melbourne’s Docklands precinct – 160 Harbour Esplanade, Docklands. The property is situated in a prominent position on Harbour Esplanade, adjacent to Etihad Stadium, in Melbourne’s lowest vacancy precinct.
Docklands has now transformed into Melbourne’s most popular option for large-scale corporate tenants including NAB, Ericsson, ANZ, Myer, AXA, ATO, Fujitsu, Channel 9, BP Australia and Telstra.
160 Harbour Esplanade offers the ultimate investment combination of prime waterfront location, high quality improvements and long term triple net lease with full make good.
Features include:
• State of the art office building, purpose built for the Seven Network to accommodate their National Broadcasting operations
• Unique Harbour views and amenity, adjacent to Etihad Stadium in Melbourne’s sporting and entertainment hub, within close proximity to Southern Cross Station
• Secure passive investment fully leased to Seven Network (Operations) Limited until June 2025 with 4 x 5 year options
• 7,980m² (approx) of stunning accommodation and 144 basement car bays
• Weighted Average Lease Expiry (WALE) of 15 years from June 2010
• Current Net Income of $4,148,737 (approx) per annum
• High net passing income with fixed increases and ratcheted market review at option
• Triple net lease structure with full make good on expiry to A Grade commercial standard
• Large strategic site of: 6,707m² (approx.)
The property is being offered for sale by Expressions of Interest, closing Thursday 8th July 2010 at 4pm.
Docklands has now transformed into Melbourne’s most popular option for large-scale corporate tenants including NAB, Ericsson, ANZ, Myer, AXA, ATO, Fujitsu, Channel 9, BP Australia and Telstra.
160 Harbour Esplanade offers the ultimate investment combination of prime waterfront location, high quality improvements and long term triple net lease with full make good.
Features include:
• State of the art office building, purpose built for the Seven Network to accommodate their National Broadcasting operations
• Unique Harbour views and amenity, adjacent to Etihad Stadium in Melbourne’s sporting and entertainment hub, within close proximity to Southern Cross Station
• Secure passive investment fully leased to Seven Network (Operations) Limited until June 2025 with 4 x 5 year options
• 7,980m² (approx) of stunning accommodation and 144 basement car bays
• Weighted Average Lease Expiry (WALE) of 15 years from June 2010
• Current Net Income of $4,148,737 (approx) per annum
• High net passing income with fixed increases and ratcheted market review at option
• Triple net lease structure with full make good on expiry to A Grade commercial standard
• Large strategic site of: 6,707m² (approx.)
The property is being offered for sale by Expressions of Interest, closing Thursday 8th July 2010 at 4pm.
Property ID: 5663043Last Updated: 14 May 2014
03 9629 88...
160 Harbour Esplanade
Docklands, VIC 3008
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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