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1 - 21 Dean Street, Moonee Ponds, Vic 3039

1 - 21 Dean Street, Moonee Ponds, Vic 3039

Offices

  • For Sale
  • Contact Agent
  • Expression of Interest

MODERN OFFICE BUILDING FULLY LEASED TO FOXTEL, ON SUBSTANTIAL LANDHOLDING

  • LONGSTANDING TENANT IN PLACE
  • SIGNIFICANT FUTURE DEVELOPMENT UPSIDE
  • ESTABLISHED CITY FRINGE LOCATION

  • Land Area
  • 0.66ha (1.64 acres) (approx)
  • Floor Area
  • 7,104 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 18, 2018
  • Energy Efficiency Rating
  • 0.0-star NABERS Energy Rating

Interested in this property? Contact an Agent today

CBRE - Victoria

Level 34, 8 Exhibition Street

Melbourne Vic 3000

Neva Courts, CBRE  - Victoria
Neva Courts
Josh Rutman, CBRE  - Victoria
Josh Rutman
Colliers International - Melbourne

Level 30, 367 Collins Street

Melbourne Vic 3000

Trent Preece
Peter Bremner, Colliers International - Melbourne
Peter Bremner

MODERN OFFICE BUILDING FULLY LEASED TO FOXTEL, ON SUBSTANTIAL LANDHOLDING

• High quality four level office building providing 7,104sqm* net lettable area plus basement with 67 car spaces, together with an adjoining freestanding multi-deck car park with 176 car spaces

• Purpose built for Foxtel in 2004 and features a high car parking ratio (1:29m²)

• Four year WALE* generating net income of $2,674,865 p.a. With strong rental reversion prospects

• Significant recent capital expenditure totalling $1.5 million*

• Substantial 6,641m² land holding with dual street frontages to Dean Street (99m*) and Alexandra Avenue (97m*). Rare land bank opportunity with significant holding income and future high density residential development potential underpinned by Activity Centre zoning subject to a 26 metre* height limit

• Thriving city fringe location only 6km* from the Melbourne CBD. Excellent surrounding retail amenity including the renowned Puckle Street retail shopping strip and Moonee Ponds Central Shopping Centre. Exceptional connectivity to the Melbourne CBD provided by the Moonee Ponds train station, Moonee Ponds bus interchange, multiple tram routes and CityLink

• Significant investment in Moonee Ponds

1 - 21 Dean Street, Moonee Ponds, Vic 3039

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