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Lemon Baxter

3-7 Hamilton Street Mont Albert, VIC 3127

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3-7 Hamilton Street,
Mont Albert, VIC 3127

Offices • Shops & Retail

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Key property information

Floor area

Car spaces

Zoning

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Lemon Baxter
Paul O'Sullivan
Chris Chartres
Hans Fan 范安乐

Lemon Baxter

Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
Lemon Baxter
3-7 Hamilton Street
Mont Albert, VIC 3127

Map of 3-7 Hamilton Street

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Massive Investment Opportunity!

  • NLA 3,720sqm* plus 114 car spaces
  • Land area 1,573sqm* on Commercial 1 Zone
  • Estimated fully leased income $1,750,000
Lemon Baxter is pleased to offer 3-7 Hamilton Street, Mont Albert for sale.

This three-level office building is conveniently situated next to the Mont Albert Train Station, and has recently undergone a significant refurbishment.

The entire building, spanning NLA 3,720m²* plus 3 car park basements, is currently leased to one tenant, the TBC Group Pty Ltd which occupies level 2. The ground floor and level 1 are currently vacant.

Current rental:
| Annual net rental: $576,179*.
| Lease terms: 5 years with 3% annual increases and covers the period up to July 31, 2025.
| The arrangement includes car parks and encompasses the payment of outgoings. Additionally, there is a provision for a 5-year option.

Net Lettable Area:
• Level 2 office: 1,120sqm (Tenanted)
• Level 1 office: 1,419sqm (Vacant)
• Ground floor office: 1,181sqm (Vacant)

Car parking:
• Basement 1: 29 spaces
• Basement 2: 41 spaces
• Basement 3: 44 spaces

To obtain further information or to arrange an inspection, please contact the exclusive selling agents at Lemon Baxter.

*Approximately

Property ID: 504534456Last Updated: 23 Sep 2024

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