CBD Fringe Office Building
The property comprises a small, early 1900’s two-storey red brick building with a four-storey contemporary office building interlinked at ground level, partially encircling a rear courtyard. Basement car parking is accessible from Pelham Street.
Location Description: The property is positioned on the south side of Pelham Street between Rathdowne and Drummond Streets. It is on the fringe of the CBD and near Lygon Street precinct, numerous Universities and medical facilities.
Sale Process: The property was sold via an on market expression of interest.
Tenancy: The property is fully leased to a number of long term tenants with a WALE of over 4 years.