Lot 19, Level 5, 150 Albert Road
South Melbourne

Circa 5% net yield


Property Features

Property ID: 3373424

Building Size
411 m2


Leased to established and industry recognised CMW Design and Construct www.cmw.net.au returning $137,606 true net, this handsome office looks good from either direction.

Within, single level contemporary partitioned work space complimented with kitchen/breakout area, outdoor terrace and 6 onsite secure car parks.

Beyond, enjoying a rare aspect from the 5th level of this landmark building situated on the corner of Albert Road and Stead Street which captures a full vista of Albert Park and environs.

An investment par excellence, leased for 5 years from 1 August, 2016 with a further term of 5 years at the tenant's election underpinned with CPI rent reviews and a market adjustment at the beginning of the further term; with the security of 3 months bond and personal guarantees of the Directors of the tenant entity.

Selling via Expressions of Interest closing Wednesday 30th October at 3:00pm.

In conjunction with: -
Performance Property Advisory
Transaction Managers
Phillip Almeida - 0438 230 783

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.