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CBRE - Victoria
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51 Langridge Street Collingwood, VIC 3066

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For Sale

51 Langridge Street
Collingwood, VIC 3066

Offices • Shop & Retail • Other
Sale Price

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Floor area

3083.0m²

Property extent

Whole

Tenure type

Tenanted Investment

NABERS

5.0

BRAND NEW STATE OF THE ART CITY FRINGE OFFICE FREEHOLD

  • 11 level building with $1.6m* income
  • Vibrant city fringe office market
  • Cutting edge design features
- High quality eleven level corner building designed by SJB Architects positioned for a Master Builders Association award, consisting light-filled office accommodation, ground floor café, end-of-trip facilities, stylish communal areas and secure basement car parking

- 3,083m2/NLA asset with typical floor plates up to 332sqm/NLA, being a defensive office product with highly attractive depreciation benefits

- $1,600,000p.a* net income from 11 tenancies almost fully leased, with 5-year rent guarantees on the few remaining tenancies leasing fast

- 6 year WALE (at 1st January 2020)

- Strategically positioned near Melbourne CBD (1.25km*), surrounded by exceptional amenity, wide range of trending retail offerings, eclectic cafes and restaurants and access to public transport

- Location backed by strong occupier demand for smaller format whole floor accommodation and strong prospects for future rental growth.

- Surrounding major commercial office tenants include Aesop, Swisse, T2 Tea

- Constructed and developed by renowned Pace Development Group, with track record of delivering 100 projects close to $2billion in prime real estate since 1991.

- Under construction with practical completion anticipated by Christmas 2019

- Targeted 5-Star NABERS energy rating

*Approx

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 31ST OCTOBER AT 1PM

Scott Orchard
+61 425 760 712

Josh Rutman
+61 411 273 746

Mark Wizel
+61 411 694 756

Lewis Tong
+61 421 870 833

Property ID: 503344546Last Updated: 17 Oct 2019

CBRE - Victoria
51 Langridge Street
Collingwood, VIC 3066
Mark Wizel
Scott Orchard
Lewis Tong
Josh Rutman

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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CBRE - Victoria

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CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Mark Wizel

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Mark Wizel
CBRE - Victoria
51 Langridge Street Collingwood, VIC 3066

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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