INVEST IN MELBOURNE'S WORLD FAMOUS BOULEVARDSt Kilda Road Landmark Investment

For Sale
INVEST IN MELBOURNE'S WORLD FAMOUS BOULEVARD

Property Address:

Property ID: 12

417 St Kilda Road, Melbourne, Victoria, Australia

Description:

Located on Melbourne’s world famous boulevard and constructed in the 1990’s, 417 St Kilda Road is a prominent office building with ten storeys to the front, and five to the rear. It boasts two large ground floor showrooms and basement carparking for 482 vehicles.

Features

  • Prime location only two kilometres from CBD
  • Fully Leased Net Income: AUD $6,892,865 (approx) (as at 1 December 2008)
  • Excellent public transport access with trams along St Kilda Road

Specifications

Net Lettable Area 20,408.9 sqm / 219,679 sq ft (approx.)
Total Site Area 6,070 sqm / 65,336.9 sq ft (approx.)

Key Tenancy Details:

Tenant Lease Term Net Rental Income
p.a. Excl.GST
Oracle Corporation Seven Years AUD $2,444,892 (approx.)
Fluor Australia Five Years AUD $1,073,235 (approx.)
Bank of Western Australia Five Years AUD $320,086 (approx.)

For further details contact:

  • Tim Bolton
  • Investment Sales
  • Melbourne
  • +61 3 9612 8863
  • +61 419 414 122
  • Tim's CV

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