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Nichols Crowder - Moorabbin

84-88 Montague Street South Melbourne, VIC 3205

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84-88 Montague Street,
South Melbourne, VIC 3205

Offices • Development Sites & Land

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Add to Your Empire

  • MAIN ROAD CORNER LANDHOLDING
  • LEASED UNTIL SEPTEMBER 2025
  • VERSATILE BUILDING, CAPITAL CITY ZONE
AUCTION THURSDAY 2ND MARCH AT 12NOON ON SITE

Nichols Crowder is delighted to present to the market this prominent and high profile, two level office/showroom building which occupies a generous corner landholding in the heart of South Melbourne.

With a lease through to September 2025 (no option) and positioned on a generous Capital City Zone landholding, this stunning freehold asset is ideal for long term investment, future occupation or development (STCA).

Key highlights include:

* Main road corner profile
* Impressive tenant in massive growth - Empire Studios
* Lease through to September 2025 (no option)
* Current rental at $105,000 per annum + GST & most outgoings
* High quality showroom/office over two levels
* Building area: 754sqm*
* Site area: 460sqm*
* Capital City Zone (CCZ1)
* Surrounded by modern high level development
* Adjoins Light Rail service
* Tenant has refitted premises at their cost
* Future market rental growth expected

OPEN FOR INSPECTION

Thursday 2nd March at 11.30am, followed by Auction at 12noon

For further details or to arrange an inspection, please contact:

Julian Vautin 0420 406 660
Matt Nichols 0418 186 4...

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

South Melbourne, 3205 demographic data

The median household income for South Melbourne is $2,101, 11% higher than Greater Melbourne's household income of $1,901. South Melbourne has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 53% of property owners in South Melbourne have a mortgage.

11,548
Population
$2,101 per week
Median household income
39 years
Median age
Renters
Most residents
Families
Most households

Nichols Crowder - Moorabbin

358 South Road
MOORABBIN, VIC 3189
04181864...
Nichols Crowder - Moorabbin
84-88 Montague Street
South Melbourne, VIC 3205

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