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CBD FRINGE INVESTMENT OPPORTUNITY

6&7/134-136 Cambridge Street, COLLINGWOOD VIC, 3066

Sold

Property Sold in 6&7/134-136 Cambridge Street, COLLINGWOOD VIC, 3066

Nelson Alexander Commercial

187 Gertrude Street, Fitzroy, VIC 3065

Listing ID:
11348041
Status:
Sold
Price:
CONTACT AGENT
Last Updated:
17/10/2019
Icon building

Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

362 SQM
Icon parking

Parking

N/A

CBD FRINGE INVESTMENT OPPORTUNITY

5.5% - 6% RETURN

The two suites being offered as a whole are on the ground floor in the “Carringbush Business Centre” which is located in the historic “Foy & Gibson” precinct. Collingwood is the latest standout suburb of Melbourne boasting top restaurants, pubs, bars, cafes and home to beautiful historical buildings with many nineteenth century dwellings, shops and factories still in use. The building is in the heart of an ever changing and evolving Collingwood and is in close proximity to Smith Street and Gertrude Street's bewildering array of fine food, cafes & chic retailers. The two suites are securely leased to Amnesty International Australia founded 1962 who have occupied the premises for the past 12 years.

Suite 6 Area: 140m²
Suite 7 Area: 212m²
6 secure basement car spaces
Air Conditioning
Excellent natural light
Lease Details:
Rent $119,219.88 effective 1st June 2019
Term – 5 years Further Term – 5 years
Commencement Date – 1 June 2017

In summary you have the opportunity of purchasing two office suites, six basement car spaces leased to a blue-chip tenant.

For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.

For more details, please email agent

Nelson Alexander Commercial

187 Gertrude Street, Fitzroy, VIC 3065


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