84 Cubitt Street,
Cremorne, VIC 3121
Offices • Shops & Retail
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Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong RdCHADSTONE, VIC 3148
84 Cubitt Street
Cremorne, VIC 3121
Map of 84 Cubitt Street
State-of-the art and Award-Winning Investment
- Mortgagee Sale
- Reversionary Investment
- First-time Offered for Sale
Colliers under instructions from Cor Cordis as Agents for the Mortgagee in Possession is pleased to present for sale ‘Cubitt Street Tower’ at 84 Cubitt Street, Cremorne – an award-winning mixed-use investment let to diverse income streams.
• 966sqm* of premium office and retail accommodation arranged over 7-levels, designed by Pandolfini Architects and completed in 2021
• Diverse income stream secured against high profile retail and office tenants including Viktoria & Woods, Scalene Group and Revium
• Estimated fully leased net rent of $692,252 per annum*
• Strategic floorplates of circa 200sqm*, allowing for maximum tenant absorption
• Abundant natural light with floor-to-ceiling glazing and grand double height foyer
• Exceptional rooftop terrace with sweeping views of the Melbourne CBD and sports precinct
• Reversionary investment with asset management opportunities
• Significant depreciation benefits and minimal forecast CAPEX
• Subdivided into 5 Lots allowing for strata sell down exit strategy
• Located in Cremorne, Australia’s most desirable business location
For further information or to arrange an inspection, please contact the exclusive agents below:
Colliers:
Ben Baines | +61 438 328 4...
Alex Browne | +61 418 350 5...
Eddie Foulkes | +61 405 890 9...
• 966sqm* of premium office and retail accommodation arranged over 7-levels, designed by Pandolfini Architects and completed in 2021
• Diverse income stream secured against high profile retail and office tenants including Viktoria & Woods, Scalene Group and Revium
• Estimated fully leased net rent of $692,252 per annum*
• Strategic floorplates of circa 200sqm*, allowing for maximum tenant absorption
• Abundant natural light with floor-to-ceiling glazing and grand double height foyer
• Exceptional rooftop terrace with sweeping views of the Melbourne CBD and sports precinct
• Reversionary investment with asset management opportunities
• Significant depreciation benefits and minimal forecast CAPEX
• Subdivided into 5 Lots allowing for strata sell down exit strategy
• Located in Cremorne, Australia’s most desirable business location
For further information or to arrange an inspection, please contact the exclusive agents below:
Colliers:
Ben Baines | +61 438 328 4...
Alex Browne | +61 418 350 5...
Eddie Foulkes | +61 405 890 9...
Cremorne, 3121 demographic data
The median household income for Cremorne is $2,959, 56% higher than Greater Melbourne's household income of $1,901. Cremorne has a younger age profile compared to the rest of Greater Melbourne (median age 32 vs 37). Property ownership data shows 65% of property owners in Cremorne have a mortgage.
2,158
Population
$2,959 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
Colliers - Melbourne EastLevel 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
CHADSTONE, VIC 3148
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