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Savills - Melbourne

5-7 Guest Street Hawthorn, VIC 3122

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5-7 Guest Street,
Hawthorn, VIC 3122

Offices • Shops & Retail • Other

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Savills - Melbourne

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
03 8686 80...
Savills - Melbourne
5-7 Guest Street
Hawthorn, VIC 3122

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Premium Suburban Office Investment

  • Premium 2-level office building
  • Fully leased to long-term tenant
  • Highly valuable underlying landholding
Savills and Gorman Kelly are delighted to offer for sale 5-7 Guest Street, a freestanding, newly refurbished office building that’s exceptionally well located in the heart of Hawthorn. This blue-chip, two-level office property is fully leased to a high quality longstanding tenant and occupies an exceptionally valuable underlying landholding, representing an outstanding suburban investment opportunity with huge future upside.

Some of the many key attributes of this property includes:
- A large, two-level office building of 950sq m* + 19 space car park
- Fully refurbished recently, presenting immaculately throughout
- Highly valuable landholding of 1,039sq m*
- New 5.5 years + 5 years lease to DBM Consultants
- Current net rent of $362,000pa* with tenant paying all usual outgoings
- Fixed annual rental growth of 3.5%
- Walking distance to Glenferrie Retail and abundant public transport

The opportunity to secure a high calibre asset of this nature is very rare, especially when you consider the prime location, the immaculate new fit out and the secure tenant with a long term lease.

Savills Agents:
Clinton Baxter - 0413 569 888

Gorman & Kelly Agents:
Samuel Torrance - 0407 057 954
Aldo Galante - 0417 055 588
Nick Breheny - 0411 601 730

Property ID: 503236702Last Updated: 29 Jan 2021

Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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