424 St Kilda Road, Melbourne
424 St Kilda Road, Melbourne, VIC, 3004, AU
1,131 m²
Asset Description
JLL Melbourne CBD Sales has the exclusive privilege of offering for sale this exceptional Melbourne CBD freehold building with strong income and valuable underlying land value within Melbourne’s most active CBD precinct at 301 Flinders Lane, Melbourne.
Key details of the opportunity include:
+ A classic freestanding 7-level office building of 4,747sqm*
+ 3 Street frontages totalling almost 100 metres*
+ 895 sqm* site with untapped future development potential
+ Currently 57% leased* to 3 tenants
+ High profile Central CBD location surrounded by major corporations and amenity
+ The ultimate CBD investment with major upside through rental reversion, retail reconfiguration and future redevelopment (STCA)
+ Fully leased Net Income: ~$1,850,000 per annum*
+ Extremely well-presented building with recent upgrades completed
+ An absolute prime Flinders Lane Location, within a proven location destined for success
+ Highly sought after Central CBD location set to benefit from significant surrounding investment
+ Direct access to Flinders Street station and multiple tram routes
*Approx.
...
Attributes
Building area net
4,747 m²
Land area gross
895 m²
Media
Investment Highlights
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Josh Rutman | 0411 27 37 46
Tim Carr | 0415 767 915
MingXuan Li 李名轩 | 0498 688 998
Contact brokers
301 Flinders Lane, Melbourne (0 Properties)
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Last updated
24 Oct 2024
