3/11 Sabre Drive,
Port Melbourne, VIC 3207

Warehouse, Factory & Industrial

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Map of 3/11 Sabre Drive

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PREMIUM CITY FRINGE INVESTMENT

Longstanding Tenant
Prime City Fringe Location
Four (4) Car Spaces

CBRE is delighted to present Unit 3, 11 Sabre Drive, Port Melbourne For Sale via Expressions of Interest closing Thursday 15th July 2021 at 4pm (AEST).

This outstanding property is strategically located in the heart of Port Melbourne and within minutes of the Melbourne CBD, providing excellent access to all major road arterials.

The property is surrounded by new residential/commercial developments that are commencing soon. This is an ideal opportunity to take advantage of the changing local area by purchasing this rare City Fringe investment with a long standing tenant who has been in occupation for 13 years.

Lease Details:
+ Tenant: Premium Beverages Pty Ltd (now Coopers Premium Beverages Pty Ltd)
+ Term: Three (3) years
+ Rental: $70,083.72 per annum
+ Commencement: 1st November 2019
+ Reviews: Fixed annual reviews of 2.75%
+ Options: 3+3 years

Port Melbourne, 3207 demographic data

The median household income for Port Melbourne is $2,372, 25% higher than Greater Melbourne's household income of $1,901. Port Melbourne has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 51% of property owners in Port Melbourne have a mortgage.

17,633

Population

$2,372 per week

Median household income

42 years

Median age

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CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000