31 Market Street,
South Melbourne, VIC 3205
Offices • Shops & Retail • Showrooms & Large Format Retail
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Map of 31 Market Street
Spectacular South Melbourne Investment
- Prime South Melbourne Office Building
- Fully Leased to High Quality Tenants
- Incredible City Fringe Location
Savills and Knight Frank are delighted to offer for sale this stunning, fully let office building located at 31 Market Street, South Melbourne, that presents immaculately throughout.
31 Market Street, South Melbourne is a striking four level commercial office building which features basement and ground floor parking and boutique style office accommodation. The
property has been immaculately refurbished and upgraded and comprises exquisite internal foyers and office fit outs which are pertinent to such a trendy precinct. This highly prized freehold
asset offers the successful purchaser a secure long term investment within a rapidly expanding precinct plus offers further upside with scope for future development.
The key attributes of the property include:
- A modern three level office building in exceptional condition throughout
- Large floor plates with total NLA of 2,565sq m*
- Ideal corner position with excellent natural light
- Secure undercover parking for 41 cars
- Current Net Rental: $1,055,264 per annum*
- Leased to three high quality, very secure tenants (ASX Listed, National and Government Funded respectively)
- Recently completed, comprehensive tenant fit-outs
- Extensively refurbished building with minimal future capital expenditure required
- Valuable corner landholding of 1,150sq m* offering fantastic future redevelopment potential
- Sensational city-fringe location, serviced by the full array of retail and lifestyle amenity
- NABERS energy rating 3.5 Stars
Located in a thriving CBD fringe locale, 31 Market Street is a rare investment opportunity having undergone complete gentrification. Fully leased to three high calibre tenants and further development upside, the asset provides astute investors with a unique opportunity to own a slice of South Melbourne’s finest, and we urge to consider the asset.
The property is For Sale by Expressions of Interest closing Friday 21 April at 2pm.
For Further Information please contact:
Savills
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...
Knight Frank
Danny Clark – 0448 066 889
Andrew Hansen – 0434 411 911
George Burbury – 0408 333 523
31 Market Street, South Melbourne is a striking four level commercial office building which features basement and ground floor parking and boutique style office accommodation. The
property has been immaculately refurbished and upgraded and comprises exquisite internal foyers and office fit outs which are pertinent to such a trendy precinct. This highly prized freehold
asset offers the successful purchaser a secure long term investment within a rapidly expanding precinct plus offers further upside with scope for future development.
The key attributes of the property include:
- A modern three level office building in exceptional condition throughout
- Large floor plates with total NLA of 2,565sq m*
- Ideal corner position with excellent natural light
- Secure undercover parking for 41 cars
- Current Net Rental: $1,055,264 per annum*
- Leased to three high quality, very secure tenants (ASX Listed, National and Government Funded respectively)
- Recently completed, comprehensive tenant fit-outs
- Extensively refurbished building with minimal future capital expenditure required
- Valuable corner landholding of 1,150sq m* offering fantastic future redevelopment potential
- Sensational city-fringe location, serviced by the full array of retail and lifestyle amenity
- NABERS energy rating 3.5 Stars
Located in a thriving CBD fringe locale, 31 Market Street is a rare investment opportunity having undergone complete gentrification. Fully leased to three high calibre tenants and further development upside, the asset provides astute investors with a unique opportunity to own a slice of South Melbourne’s finest, and we urge to consider the asset.
The property is For Sale by Expressions of Interest closing Friday 21 April at 2pm.
For Further Information please contact:
Savills
Julian Heatherich - 0412 995 6...
Benson Zhou - 0458 488 8...
Knight Frank
Danny Clark – 0448 066 889
Andrew Hansen – 0434 411 911
George Burbury – 0408 333 523
Property ID: 502336386Last Updated: 30 Sep 2021
31 Market Street
South Melbourne, VIC 3205
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Knight Frank - Melbourne29/120 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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