Expressions of Interest: 05/08/2022 3:00 PM

2-6 Southampton Cres 27-29 Duke St & 36 Bond St
ABBOTSFORD, VIC 3067

Share
Property Description

CBD Fringe Office Building Plus Adjoining Site With Approved Permit

Fitzroys is delighted to offer this exciting re-positioning opportunity in Melbourne’s highly sought after city fringe office market, 2-6 Southampton Crescent, 27-29 Duke Street & 36 Bond Street, Abbotsford for sale via Expressions of Interest closing Friday 5th August at 3pm.

The ultimate commercial package – suited to value add investors, developers, owner occupiers and speculators.

Key features include:

  • Iconic 5-level, part refurbished office/medical building of 6,048sqm with large, light filled average floor plate of c 1,210sqm*
  • Adjoining land with permit for new 5,170sqm* office (+129 cars) – currently 3 warehouses, leased short term
  • Total land area 3,099sqm* with 3 street frontages
  • Potential NLA 10,484sqm* plus 129 cars per approved permit
  • Suit value-add investors, developers and owner occupiers
  • Part leased (28%) to single medical tenant - Starpharma (ASX listed) until Dec 2027
  • Total passing income of $840,000 per annum gross*
  • Rapidly gentrifying mixed use precinct close to Victoria Gardens shopping centre and only 3kms* to Melbourne CBD
  • Buy below replacement cost in burgeoning precinct
  • 0 Stars NABERS Energy Rating

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING FRIDAY 5TH AUGUST AT 3PM

  • approx.
Back to property search
Consultant

Paul Burns

M: 0412 244 274
E: burnsp@fitzroys.com.au

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

Enquire about property
Property Information

Property ID
134410

Price
Contact Agent

Building
6048m2

Land
3099m2

Enquire about this property