Savills and Bayley Stuart are delighted to offer for sale this landmark West Melbourne office investment, which is fully leased to high quality tenants Norman Disney & Young and Probuild. Having been fully rebuilt in 2009 at significant cost, this magnificent four-level corner office building presents extremely well throughout, and is ideally positioned within the commercial heart of West Melbourne.

The key attributes of this outstanding asset include:

* A striking 4-level corner office building in superb condition
* Basement car parking for 20 cars
* Fully leased to two high quality tenants - Norman Disney & Young and Probuild
* Current Net Rental: $1,154,006 per annum*
* Building fully rebuilt in 2009 with significant capital expenditure works completed
* Large floor plates with natural light from all four sides
* Major city-fringe Mixed Use Zone ‘island site’ of 853sq m*
* Ideally positioned within one of Melbourne’s most active development precincts, with adjoining 27 level tower currently under construction
* Significant future development potential in an extremely highly sought after position
* NABERS Energy Rating 5.5 stars

The opportunity to secure such a high calibre CBD fringe office building of this nature is extremely rare, especially when you consider the prime location, leases to high quality tenants, exceptional future growth potential and unprecedented future development potential. Accordingly we encourage prospective purchasers to actively consider this excellent opportunity.

EOI Closed - Offers Under Review

For further information, please contact:

Savills:

Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...

Bayley Stuart:

Andrew MacGillivray - 0422 882 6...
Alasdair MacGillivray - 0413 733 3...