Ground Floor, 159-161 Cremorne Street,
Richmond, VIC 3121

EXCEPTIONAL GROUND FLOOR OFFICE IN RAPIDLY EVOLVING CITY FRINGE LOCATION

For sale by Tender closing 13th September at 3pm

 

• Net Lettable Area: 704sqm approx.

• Includes 18 on site car parking bays on title

• Huge frontage to Cremorne Street of 30 metres(approx)

• Leased to CPM Australia Pty Ltd

• Note: CPM has 20 offices worldwide and is part of the Omnicom Group

• Lease Term: 4 + 4 years from January 2012

• Rental: $268,111 per annum net

• Bank Guarantee: $150,502

• Positioned on the ground floor of signature mixed use development, ERA

• Conveniently located between Swan Street, Punt Road and CityLink

• Only 400m (approx) from Richmond Railway Station and Tram network

• Outstanding opportunity to acquire modern, substantial office investment in exciting growth location

• Depreciation benefits available

• Terms: 10% deposit, balance 60 days