Suite 16, 51-55 City Road,
Southbank, VIC 3006
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Map of Suite 16, 51-55 City Road
Premium Investment Opportunity
- Sought after office location
- Direct access to Melbourne CBD
- Secure blue-chip investment
Knight Frank is delighted to present this premium investment opportunity perfectly located in one of Melbourne’s most renowned commercial and lifestyle precincts.
Currently leased to the well-known and highly respected Vincent Chrisp architects, this exceptional office not only boasts a secure blue-chip investment opportunity for investors, but has the benefit of being surrounded by Melbourne’s finest amenity. This includes world-class restaurants and cafes, luxury shopping, sporting facilities and excellent public transport access for both tenants and future owner occupiers.
• Highly sought-after office location in the tightly held Southbank precinct
• Secure lease to the highly regarded Vincent Chrisp Architects
• Direct access to Melbourne’s CBD and St Kilda Road commercial precinct
• Walking distance to the Royal Botanic Gardens and Albert Park Lake
• Surrounded by Melbourne’s finest amenity
TENANCY SCHEDULE
Lessee: Vincent Chrisp & Partner Pty Ltd (long term building occupier)
Lease Term: 5 years commencing 1st July 2015
Further Terms: 2 x 3 years
Net Rental: $60,810 per annum (plus GST) as of 1st July 2018
Fixed Rent Increase: 4% fixed annual increase
Bank Guarantee: Three (3) months’ rent ($13,515)
Outgoings: 100% paid by tenant (except land tax & safety management)
Due to the current lack of supply of investment opportunities in the prime City Fringe area, there is no doubt that you’ll benefit from this outstanding blue-chip investment, perfect for your self-managed super fund.
Deadline Private Sale closing 3pm on Tuesday 15th of May 2018.
To arrange an inspection please contact one of the exclusive agents.
Currently leased to the well-known and highly respected Vincent Chrisp architects, this exceptional office not only boasts a secure blue-chip investment opportunity for investors, but has the benefit of being surrounded by Melbourne’s finest amenity. This includes world-class restaurants and cafes, luxury shopping, sporting facilities and excellent public transport access for both tenants and future owner occupiers.
• Highly sought-after office location in the tightly held Southbank precinct
• Secure lease to the highly regarded Vincent Chrisp Architects
• Direct access to Melbourne’s CBD and St Kilda Road commercial precinct
• Walking distance to the Royal Botanic Gardens and Albert Park Lake
• Surrounded by Melbourne’s finest amenity
TENANCY SCHEDULE
Lessee: Vincent Chrisp & Partner Pty Ltd (long term building occupier)
Lease Term: 5 years commencing 1st July 2015
Further Terms: 2 x 3 years
Net Rental: $60,810 per annum (plus GST) as of 1st July 2018
Fixed Rent Increase: 4% fixed annual increase
Bank Guarantee: Three (3) months’ rent ($13,515)
Outgoings: 100% paid by tenant (except land tax & safety management)
Due to the current lack of supply of investment opportunities in the prime City Fringe area, there is no doubt that you’ll benefit from this outstanding blue-chip investment, perfect for your self-managed super fund.
Deadline Private Sale closing 3pm on Tuesday 15th of May 2018.
To arrange an inspection please contact one of the exclusive agents.
Property ID: 502781886Last Updated: 16 Jan 2023
+61 3 9602 57...
Suite 16, 51-55 City Road
Southbank, VIC 3006
Knight Frank - Melbourne29/120 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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