Colliers and CVA are pleased to present two (2) 100% leased retail investment opportunities in Cremorne’s newest office building, Cremorne House, located at Ground, 6 Adolph Street, and 5 Pearson Street, Cremorne For Sale via Deadline Private Sale closing Thursday May 16th, 2024, at 3pm (AEST).

Crafted by renowned developer Wilmac and designed by SJB Architects, these investments boast separate titles, providing flexibility to acquire together or individually. Both properties offer long-term leases with multiple option periods and attractive depreciation tax benefits. Situated in the heart of Melbourne's hottest precinct, these opportunities offer immediate access to Swan Street and Church Street while also benefiting from the East Richmond Station foot traffic.

Investment Highlights:,

Ground Floor, 6 Adolph Street, Cremorne: Cafe
- Tenant: “Little B” – the second location of the highly successful “Bruno&Co” based in High Street, Armadale.
- Building Area: 56m2*
- Rental: $51,200 p.a net
- Term: Five (5) years
- Options: One further term of two (2) years then one additional term of three (3) years
- Increases: Annual by 3.5%

5 Pearson Street, Cremorne: Conference Centre/Boardroom

-Tenant: Owners Corporation No. 1 PS902518F
- Building Area: 29m2*
- Rental: $21,375 p.a net
- Term: Ten (10) years
- Options: Two (2) further terms of five (5) years
- Increases: Annual by 3%

These two (2) outstanding investment opportunities are being offered for sale via Deadline Private Sale closing Thursday May 16th, 2024, at 3pm (AEST). For further information, please contact the exclusive selling agents, Colliers and CVA.

Colliers:
Matt Knox | +61 416 053 0...
Lucas Soccio | +61 421 428 9...
Ben Baines | +61 438 328 407

CVA:
Ian Angelico | +61 418 336 0...
Jarrod Moran | +61 413 251 6...