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51 Langridge Street, Collingwood

BRAND NEW STATE OF THE ART CITY FRINGE OFFICE FREEHOLD
  • Whole or Part of Building:
    Whole Building
  • Income:
    $1,600,000.00 + GST
  • Energy Rating:
    5
  • High quality eleven level corner building positioned for a Master Builders Association award, consisting light-filled office accommodation, ground floor café, end-of-trip facilities, stylish communal areas and secure basement car parking
  • 3,083m2/NLA asset with typical floor plates up to 332sqm/NLA, being a defensive office product with highly attractive depreciation benefits
  • $1,600,000p.a* net income from 11 tenancies almost fully leased, with 5-year rent guarantees on the few remaining tenancies leasing fast
  • 6 year WALE (at 1st January 2020)
  • Strategically positioned near Melbourne CBD (1.25km*), surrounded by exceptional amenity, wide range of trending retail offerings, eclectic cafes and restaurants and access to public transport
  • Location backed by strong occupier demand for smaller format whole floor accommodation and strong prospects for future rental growth.
  • Surrounding major commercial office tenants include Aesop, Swisse, T2 Tea
  • Constructed and developed by renowned Pace Development Group, with track record of delivering 100 projects close to $2billion in prime real estate since 1991.
  • High quality finishes and specification by SJB Architects and interiors
  • Under construction with practical completion anticipated by Christmas 2019
  • Targeted 5-Star NABERS energy rating

*Approx

 

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