1 Spring Street,
Melbourne, VIC 3000
Offices
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Tenure type
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Map of 1 Spring Street
Melbourne's premier CBD address
50% Economic Interest in 1 Spring Street Melbourne
1 Spring Street is a prominent 28 level office building which enjoys spectacular views and abundant natural light. The property also includes Milton House which is a three level boutique office building fronting Flinders Lane. In total, the property provides approximately 31,710sqm of lettable area across the two buildings and 296 car bays.
• Fully leased to Shell Company of Australia until 2019
• Premium "East End" CBD position supported by Melbourne's best, internationally renowned facilities.
• A-Grade office accommodation with outstanding views, brilliant natural light and flexible floor plate design.
• Dominating skyline building with long term luxury apartment conversion potential.
• Total NLA of 31,700 sqm (approx) plus 296 car bays.
• 3 street frontages with total site area of 5,250 sqm (approx)
• Net passing income (100% interest) $10,084,000 pa (approx)
• Virtually column free floor plates
EXPRESSIONS OF INTEREST Closing 3pm (AEST), Wednesday 9th December 2009
1 Spring Street is a prominent 28 level office building which enjoys spectacular views and abundant natural light. The property also includes Milton House which is a three level boutique office building fronting Flinders Lane. In total, the property provides approximately 31,710sqm of lettable area across the two buildings and 296 car bays.
• Fully leased to Shell Company of Australia until 2019
• Premium "East End" CBD position supported by Melbourne's best, internationally renowned facilities.
• A-Grade office accommodation with outstanding views, brilliant natural light and flexible floor plate design.
• Dominating skyline building with long term luxury apartment conversion potential.
• Total NLA of 31,700 sqm (approx) plus 296 car bays.
• 3 street frontages with total site area of 5,250 sqm (approx)
• Net passing income (100% interest) $10,084,000 pa (approx)
• Virtually column free floor plates
EXPRESSIONS OF INTEREST Closing 3pm (AEST), Wednesday 9th December 2009
Melbourne, 3000 demographic data
The median household income for Melbourne is $1,448, 24% lower than Greater Melbourne's household income of $1,901. Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 29 vs 37). Property ownership data shows 47% of property owners in Melbourne have a mortgage.
54,941
Population
$1,448 per week
Median household income
29 years
Median age
Renters
Most residents
Singles
Most households
03 9672 66...
1 Spring Street
Melbourne, VIC 3000
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