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High Yield Investment Within Valuable Capital City Zone!

115-119 Salmon Street, PORT MELBOURNE VIC, 3207

Sold

Property Sold in 115-119 Salmon Street, PORT MELBOURNE VIC, 3207

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11335352
Status:
Sold
Price:
Sale: $7,500,000 Lease: $449,924 Annual + Excl. tax
Last Updated:
10/09/2019
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Property Type

Industrial/Warehouse/Land/Development/Offices
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Land Area

2043 SQM
Icon size

Floor Area

1888 SQM
Icon parking

Parking

N/A

High Yield Investment Within Valuable Capital City Zone!

Strategically positioned within the Fisherman's Bend Urban Renewal Precinct, this versatile premises comprises two premium quality office/warehouses with a premium quality fit out. In addition to being within such close proximity to the CBD, there is great access to the site provided by the West Gate Freeway and the nearby 109 tram. 

Key Investment Features:
- Well established tenant Alliance Insurance Broking Services Pty Ltd  
- Annual income $449,924.60
- Seven (7) year lease with a further five (5) year option
- Demolition clause in the current lease enabling development opportunity.

Key Property Features
 - Total building area: 1,888m2* incorporating 1,071m2* of high quality offices, breakout space, gymnasium and amenities 
- Land area 2,043m2* with second street frontage to Rocklea Drive  
- Capital City Zoning
- On site car parking for 17 vehicles
- Situated within "Fisherman's Bend Urban Renewal Precinct" offering potential for future multilevel mixed-use development (STPA).
- Signage exposure to the Westgate Freeway 
- Short walking distance to Fishermans Bend, Pier 35, Yarra River, Princes Pier, Port Melbourne Beach, JL Murphy Reserve and Westgate Park 

CVA Property Consultants are pleased to present this spectacular investment opportunity at 115-119 Salmon Street, Port Melbourne.

*Approx
Pricing excludes GST.

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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