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Dawkins Occhiuto - Cremorne

541 Graham Street Port Melbourne, VIC 3207

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541 Graham Street,
Port Melbourne, VIC 3207

Warehouse, Factory & Industrial • Showrooms & Bulky Goods • Other
Added 6 days ago

Price information

Sale - Expression of Interest closing Wed 15 Dec

Contact Agent

Key property information

Land area

Floor area

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$2,210,000
Number of Tenants
1 Tenant
Tenants / Type
National Tiles

Expression of Interest

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Private inspections

to arrange a private inspection.
Dawkins Occhiuto - Cremorne
Chris Jones
Walter Occhiuto

Dawkins Occhiuto - Cremorne

95 Cubitt Street
CREMORNE, VIC 3121
Dawkins Occhiuto - Cremorne
541 Graham Street
Port Melbourne, VIC 3207

Map of 541 Graham Street

Directions
  • Train stations within 5 km of 541 Graham Street, Port Melbourne, VIC 3207Distance
    Southern Cross Station2.3 km
    North Melbourne Station2.7 km
    Flagstaff Station2.9 km
    South Kensington Station3.4 km
    Flinders Street Railway Station3.4 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 541 Graham Street, Port Melbourne, VIC 3207Distance
    128-Graham St/Light Rail (Port Melbourne)1.1 km
    127-North Port Station/Light Rail (Port Melbourne)1.2 km
    129-Beacon Cove/Light Rail (Port Melbourne)1.3 km
    D18-Bourke St/Collins St (Docklands)1.3 km
    D17-Merchant St/Collins St (Docklands)1.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 541 Graham Street, Port Melbourne, VIC 3207Distance
    Murphy Reserve/Williamstown Rd (Port Melbourne)458 m
    Graham St/Williamstown Rd (Port Melbourne)520 m
    Poolman St/Williamstown Rd (Port Melbourne)538 m
    Opp 450 Williamstown Rd (Port Melbourne)581 m
    Walter St/Graham St (Port Melbourne)604 m
    POWERED BY HERE ©
POWERED BY HERE ©

10 year Triple Net Lease to National Retailer

  • New 10 year lease to National Tiles
  • Improvements to be fully refurbished
  • Invest/Landbank in high growth location
Dawkins Occhiuto are delighted to exclusively present to the market for sale this long WALE investment opportunity in the centre of Port Melbourne’s Wirraway Precinct.

The 1.41 hectare property is to be fully redeveloped/ refurbished to provide 7,614 square metres* of GLA wholly leased to National Tiles on a new 10 year triple net lease.

- Brand new lease to National Tiles, returning $2,210,000 p.a. with fixed 3% annual increases
- Building of 7,614 sqm* comprising modern showroom, office & warehouse – to be fully redeveloped and refurbished
- 14,095 sqm* of Capital City zoned land with future development potential to 30m (8 Storey) height limit
- Triple net lease structure with no capital expenditure risk
- Strategic city fringe location with strong prospects for growth
- Excellent road network accessibility with 360-degree freeway access via West Gate Freeway and CityLink
- 200 metres* from recently completed Port Melbourne Secondary College, Woolworths and Dan Murphys

The property is being offered for Sale by Expressions of Interest closing Wednesday, 15 December at 3.00pm (AEST).

For further information, please contact Walter Occhiuto or Chris Jones of Dawkins Occhiuto.

*approx.

Property ID: 503962890Last Updated: 26 Nov 2021

Dawkins Occhiuto - Cremorne
95 Cubitt Street
CREMORNE, VIC 3121
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