7/520 Victoria Street,
North Melbourne, VIC 3051
Offices
Price information
Sale
$280,000
Key property information
Floor area
Zoning
Municipality
Tenure type
Return
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$14,450
Number of Tenants
1 Tenant
Tenants / Type
NORTH MELBOURNE OSTEOPATHY CENTRE
Private inspections
to arrange a private inspection.
Map of 7/520 Victoria Street
Train stations within 5 km of 7/520 Victoria Street, North Melbourne, VIC 3051 Distance North Melbourne Station 607 m 7-Flagstaff Railway Station/William St (Melbourne City) 1 km Flagstaff Station 1 km Melbourne Central Station 1.4 km Southern Cross Station 1.6 km POWERED BY HERE ©Tram stops within 5 km of 7/520 Victoria Street, North Melbourne, VIC 3051 Distance 11-Victoria St/Errol St (North Melbourne) 81 m 11-Errol St/Victoria St (Melbourne City) 94 m 12-North Melbourne Town Hall/Errol St (North Melbourne) 221 m 12-North Melbourne Town Hall/Queensberry St (North Melbourne) 235 m 13-Curzon St/Queensberry St (North Melbourne) 264 m POWERED BY HERE ©Bus stops within 5 km of 7/520 Victoria Street, North Melbourne, VIC 3051 Distance Stanley St/Spencer St (West Melbourne) 309 m Hawke St/Spencer St (West Melbourne) 329 m Abbotsford St/Spencer St (West Melbourne) 399 m Isentia Melbourne 444 m North Melbourne Railway Station Spencer St 474 m POWERED BY HERE ©
POWERED BY HERE ©
The Golden Opportunity
Seize the opportunity to secure this prime office space in a sought-after location. Whether you're an investor looking for a lucrative property or a business owner seeking a strategic location for your operations, 7/520 Victoria Street offers the perfect combination of location, versatility, and potential for growth.
Spanning approximately 45 m2, with the convenience of kitchenette and bathroom facilities, along with a heating and cooling system to ensure year-round comfort. Recently refreshed with a fresh coat of paint, the space boasts abundant natural light, creating a welcoming and productive atmosphere.
Key Features:
• Location: Enjoy the benefits of a prominent location on Victoria Street, providing easy access for clients and employees alike. Situated on the city fringe, this area offers a perfect blend of accessibility and convenience.
• Lease Details: Currently, the property is tenanted
• Lease commenced November 23, 2023
• Expires November 22, 2025
• Options 2 x three-year terms
• Rent $14,500 including GST
• Annual Increases 3.5%
• Market Review if option is exercised.
This is an opportunity for the astute investor. Already returning an income and in a prized location this is an opportunity not to be overlooked. With a secure lease in place and the potential for future growth, this investment promises both stability and potential appreciation. Don't wait to capitalise on this lucrative opportunity in one of the city's most coveted locations.
Spanning approximately 45 m2, with the convenience of kitchenette and bathroom facilities, along with a heating and cooling system to ensure year-round comfort. Recently refreshed with a fresh coat of paint, the space boasts abundant natural light, creating a welcoming and productive atmosphere.
Key Features:
• Location: Enjoy the benefits of a prominent location on Victoria Street, providing easy access for clients and employees alike. Situated on the city fringe, this area offers a perfect blend of accessibility and convenience.
• Lease Details: Currently, the property is tenanted
• Lease commenced November 23, 2023
• Expires November 22, 2025
• Options 2 x three-year terms
• Rent $14,500 including GST
• Annual Increases 3.5%
• Market Review if option is exercised.
This is an opportunity for the astute investor. Already returning an income and in a prized location this is an opportunity not to be overlooked. With a secure lease in place and the potential for future growth, this investment promises both stability and potential appreciation. Don't wait to capitalise on this lucrative opportunity in one of the city's most coveted locations.
Property ID: 504526768Last Updated: 16 Apr 2024
04117011...
7/520 Victoria Street
North Melbourne, VIC 3051
Nicholson Real Estate - Brunswick EastR1/21 Brunswick Road
BRUNSWICK EAST, VIC 3057
BRUNSWICK EAST, VIC 3057
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