PREMIUM FULLY LEASED OFFICE INVESTMENT IN MELBOURNE’S INNER NORTH

89 Rokeby Street, Collingwood VIC, Australia
  • Address: 89 Rokeby Street Collingwood VIC 3066
  • Property type: Investment
  • Offer type: For Sale
  • City: Collingwood
  • Post Code: 3066
  • Features: 100% leased with 5 year WALE , Doorstep of Melbourne’s CBD , Returning $367 725 per annum++

Overview

PREMIUM FULLY LEASED OFFICE INVESTMENT IN MELBOURNE’S INNER NORTH

  • 100% LEASED, 5 YEAR WALE
  • RETURNING $355,500 PER ANNUM++
  • DOORSTEP OF MELBOURNE’S CBD

Jones Real Estate is pleased to offer for your consideration, an outstanding and 100% leased freestanding office building in Melbourne’s inner north – city fringe.

This outstanding investment opportunity is located in the thriving and well-formed market of Collingwood. Located just off Victoria Parade and Wellington Street, the property benefits from walking distance to public transport and local amenities amongst Collingwood’s major retail strips (Smith Street, Wellington Street, Gertrude Street & Langridge Street) whilst seconds from Brunswick Street, Fitzroy.

Key investment highlights of this exceptional opportunity include;

  • Annual rental income of $355,500 per annum plus GST & Outgoings
  • WALE of 5 years and 100% leased to 4 tenants across 6 levels
  • 3.0% fixed annual rental increases
  • Architecturally designed six (6) level freehold office building with depreciation benefits available for the incoming purchaser
  • Boutique, rare and light filled floor plates ranging from 87sqm* to 132sqm* all with street facing views over Melbourne’s northeast
  • Walking distance to an abundance of retail and hospitality venues, including the recently voted “Coolest Street in the World – Smith Street”
  • Surrounded by public open spaces, exclusive and secure bike paths, walking tracks to go with exceptional end of trip facilities to accommodate the workforce of tomorrow

For Sale via International Expressions of Interest closing Wednesday 8th of December 2021 at 2.30pm.

For further information please contact the exclusive selling agents.

Tim Spargo
+61 402 747 030
Tim.Spargo@Jonesre.com.au

Paul Jones
+61 488 779 749
Paul.Jones@Jonesre.com.au

Sam Guest
+61 458 467 482
Sam.Guest@Jonesre.com.au

Luke Peric
+61 432 467 771
Luke.Peric@Jonesre.com.au

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