Immaculate City Fringe Office Building

Fitzroys are pleased to present for sale by Expressions of Interest closing Thursday 16th May at 3pm an immaculate freestanding office building located at 460 Bay Street, Port Melbourne.

• The property is positioned in a coveted city fringe location within the Port Melbourne retail/commercial precinct and close to transport options including light rail.
• Positioned on a 822sqm* Commercial 1 zoned landholding, the site is well configured with dual frontages to Bay Street and Crockford Street.
• The first class 2 level office building is exceptionally presented and provides 806sqm* of modern office accommodation together with onsite parking for 10 vehicles.
• The property offers short-term holding income of $491,124pa* plus outgoings plus GST.
• Prime city fringe opportunity well positioned to benefit from Melbourne Fisherman’s Bend rejuvenation and renewal project which is set to deliver greater residential population, transport and social infrastructure, retail amenity and commercial uses to the precinct.

*Approx.