POINT OF INTEREST:

Expressions Of Interest Closing 3rd November 2021 at 3pm unless sold prior. 

In the heart of Port Melbourne’s commercial precinct, yet pleasantly removed from the suburb’s hustle and bustle, sits this highly presentable ground floor, corner office — one of only six in this boutique estate. Measuring 225 sqm*, the floor plan is functional, and the fit out considered with three partitioned offices, two open-plan workspaces, a boardroom, reception area, and 10 on-site car parks. The property is further highlighted by floor-to-ceiling windows on two sides of the office allowing natural light to stream inside.

The lease has just been renewed by Tangible Technology who provide IT managed services and IT support across all the critical components of IT infrastructure to clients Australia and globally. Located just 4 km* from the CBD, this estate is easily accessed by the West Gate Freeway — less than 1 km* away and via public transport options at the end of the street.
  
Points Worth Mentioning:
- Lease Income: $55,170 pa net.
- Lease Renewal Commencement: 6th November 2021.
- Current Term: 2 years
- Further Terms: 2 years.
- Annual Increases: 3% per annum.
- Considerable fit out owned by landlord.
- Ducted heating and air-conditioning.
- Ground floor suite excellent for disability services.
- 10 car spaces on title. 

POINT OF VIEW:

Investments of this quality and at this price point are few and far between in this current market — and in one of Port Melbourne’s nicest boutique estates — it’s attention astute investors.

*Approx.
Pricing excludes GST