THE BEST COMMERCIAL CORNER IN MELBOURNEPrime Collins Street Investment

For Sale

THE BEST COMMERCIAL CORNER IN MELBOURNE

Property Address:

Property ID: 5

330 Collins Street, Melbourne, Victoria, Australia

Description:

Offered for sale is this prominent 20 level office building superbly positioned on the major intersection of Collins Street and Elizabeth Street, Melbourne

Features

  • Offers substantial 60 metre frontage to Collins Street
  • Attractive investment anchored by National Australia Bank
  • National retailers include Henry Bucks, Florsheim and HCF
  • Net Passing Income: AUD $7.78 million pa (approx) (fully leased)
  • Large floorplates of up to 1,500 sqm (approx)
  • Excellent natural light, views and aspect over Collins Street
  • Outstanding public transport access with immediate proximity to trams, buses and trains

Specifications

Total Office Area 16,292 sqm / 175,365 sq ft (approx.)
Total Retail Area 1,458 sqm / 15,693.8 sq ft (approx.)
Total Storage Area 587 sqm / 6,318 sq ft (approx.)
Net Lettable Area 18,337 sqm / 197,377.6 sq ft (approx.)
Total Site Area 2,006 sqm / 21,592.4 sq ft (approx.)

Key Tenancy Details:

Tenant Lease Term Net Rental Income
p.a. Excl.GST
National Australia Bank 12 Years AUD $2,807,602 (approx)
Chubb Insurance 12 Years AUD $370,000 (approx)
Legal Practices Board 10 Years AUD $457,000 (approx)
Henry Bucks 10 Years AUD $405,000 (approx)

For further details contact:

  • Pat Burke
  • Investment Sales
  • Melbourne
  • +61 3 9612 8805
  • +61 412 554 886
  • Pat's CV

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