Share this property

realcommercial.com.au

16/51-55 City Road Southbank, VIC 3006

Directions

16/51-55 City Road,
Southbank, VIC 3006

Offices • Medical & Consulting

Price information

Sold

Contact Agent

Key property information

Floor area

Car spaces

Tenure type

Sold on

Map of 16/51-55 City Road

Directions

Premium Investment Opportunity

* Sought after office location
* Direct access to Melbourne CBD
* Secure blue-chip investment

ROSIN SMYTH AND PARTNERS PTY LTD is delighted to present this premium investment opportunity perfectly located in one of Melbourne's most renowned commercial and lifestyle precincts.

Currently leased to the well-known and highly respected Vincent Chrisp Architects, this exceptional office not only boasts a secure blue-chip investment opportunity for investors but has the benefit of being surrounded by Melbourne's finest amenities. This includes world-class restaurants and cafes, luxury shopping, sporting facilities and excellent public transport access for both tenants and future owner occupiers.

• Highly sought-after office location in the tightly held Southbank precinct
• Secure lease to the highly regarded Vincent Chrisp Architects
• Direct access to Southbank Boulevard, Melbourne's CBD and St Kilda Road Commercial Precinct
• Walking distance to the Royal Botanic Gardens, Yarra River and Albert Park Lake

TENANCY SCHEDULE
Lessee: Vincent Chrisp & Partner Pty Ltd (long term building occupier)
Lease Term: 3 years commencing 1st November 20219 (lease renewal)
Further Terms: 2 x 3 years
Net Rental: $65772.13 per annum (plus GST) as of 1st November 2021
Fixed Rent Increase: 4% fixed annual increase
Bank Guarantee: Three (3) months' rent plus GST
Outgoings: 100% paid by tenant (except land tax)

Due to the current lack of supply of investment opportunities in the prime City Fringe area, there is no doubt that you'll benefit from this outstanding blue-chip investment, perfect for your self-managed super fund.

*INSPECTION BY PRIVATE APPOINTMENT ONLY*

Property ID: 503923694Last Updated: 19 May 2022

04117440...
realcommercial.com.au logo
16/51-55 City Road
Southbank, VIC 3006
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.