Under Offer

122-130 Wellington Parade, East Melbourne

An illustrious East Melbourne freehold investment with a glorious outlook
  • Land Area:
    1,141 m2
  • Floor Area:
    4,083 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $1,716,121.00 + GST

OVERVIEW

  • An exquisite 7 level commercial office and retail building, located within Melbourne’s most distinguished domain
  • Occupying a highly prominent and oversized East Melbourne landholding benefiting from uninterrupted views of serene parkland, the Yarra River and the Melbourne CBD
  • Flexible and efficient floor plates comprising light filled office accommodation, with quality internal fitouts, serviced by direct elevator access and exclusive amenities
  • Leased to a diverse range of high quality office & retail tenants returning $1,716,121 p.a net with scope for additional rental growth
  • Net Annual income of $503,060 per annum*, with fixed annual increases
  • Additional and exclusive three -bedroom rooftop penthouse residence with expansive outdoor terrace
  • Outstanding future development /conversion potential providing for elite residential, hotel, medical and/or commercial outcomes (STPA)

LOCATION

  • Direct access to train, tram and bus networks and walking distance to the Melbourne CBD

FOR SALE VIA INTERNATIONAL EXPRESSION OF INTEREST CLOSING FRIDAY 8TH MARCH 2019 AT 2.30PM (AEDT)

 

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