1 Nelson Street


Property Features

Property ID: 3267005

Building Size
562 m2


On site Auction 8th August at 1.00 P.M. if not sold prior.

Highly evocative space has just been leased for 3 years to Slayer Espresso Austalia P/L, a strategic partner with Gruppo Cimbali https://en.wikipedia.org/wiki/Cimbali. Utilised as the Australian headquaters for sales service and education. 562m2 of contemporary accommodation over two levels. Highly functional & versatile, benefitting from its northerly aspect to provide lofty studio style office. The discrete security entrance is adjacent to glass lift which services the upper floor that boasts openable windows & outdoor terrace. 4 on-site secure car parks, zoned air conditioning and designer amenities to both floors. Superbly located, enjoying the eclectic activities on Victoria Street and only slightly further removed, Richmond, retailing at its finest and ready access to points of Metropolitan Melbourne.

The salient details of the lease are:

Lease Commenced: 18/6/2018.
Term of Lease: 3 * 3 years.
Commencing Rent: $195,000 per annum before depreciation.
Outgoings: In addition to rent save for land Tax.
Rent Reviews: 3% annually with a review to market at further term.
Security Bond: 4 months rent.

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We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.