JLL Melbourne CBD Sales has the exclusive privilege of offering for sale a high profile 7-level office building set on an incredibly high-profile corner site with outstanding development, investment and owner occupation potential.
Key details of the opportunity include:
+ A high profile 7-level office building in a commanding corner CBD position
+ Set on an extremely valuable corner landholding of 1,028sqm*
+ Total Net Lettable Area of 5,955sqm* + 23 basement car parks
+ Extensive dual street frontages to Queen and La Trobe Streets of 71 metres*
+ 85% leased to 9 tenants providing strong income with massive rental reversion potential (development clauses in place if required)
+ Fully let net income of $1,980,000pa*
+ Incredible high density development potential, allowing residential, BTR, hotel, student accommodation, office, education and more (STCA)
+ One of the last remaining CBD corner sites with high density development potential in Melbourne’s most populous northern CBD quadrant
+ High profile Melbourne CBD location close to the retail core, the major renewal of the Queen Victoria Fresh Food Market and ample public transport
+ 3 Star NABERS Energy Rating
AGENTS:
JLL
Nick Peden | 0402 011 266
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
MingXuan Li | 0498 688 998
Kelemen Commercial
Rudy Kelemen | 0419 55 88 03
Remember to mention you found this property on DevelopmentReady
JLL Melbourne CBD Sales has the exclusive privilege of offering for sale a high profile 7-level office building set on an incredibly high-profile corner site with outstanding development, investment and owner occupation potential.
Key details of the opportunity include:
+ A high profile 7-level office building in a commanding corner CBD position
+ Set on an extremely valuable corner landholding of 1,028sqm*
+ Total Net Lettable Area of 5,955sqm* + 23 basement car parks
+ Extensive dual street frontages to Queen and La Trobe Streets of 71 metres*
+ 85% leased to 9 tenants providing strong income with massive rental reversion potential (development clauses in place if required)
+ Fully let net income of $1,980,000pa*
+ Incredible high density development potential, allowing residential, BTR, hotel, student accommodation, office, education and more (STCA)
+ One of the last remaining CBD corner sites with high density development potential in Melbourne’s most populous northern CBD quadrant
+ High profile Melbourne CBD location close to the retail core, the major renewal of the Queen Victoria Fresh Food Market and ample public transport
+ 3 Star NABERS Energy Rating
AGENTS:
JLL
Nick Peden | 0402 011 266
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
MingXuan Li | 0498 688 998
Kelemen Commercial
Rudy Kelemen | 0419 55 88 03
Remember to mention you found this property on DevelopmentReady