The Golden Opportunity
7/520 Victoria Street, North Melbourne VIC 3051
$320,000
OfficeSize: n/a
Block size: 1027 m² approx.
Seize the opportunity to secure this prime office space in a sought-after location. Whether you're an investor looking for a lucrative property or a business owner seeking a strategic location for your operations, 7/520 Victoria Street offers the perfect combination of location, versatility, and potential for growth.
Spanning approximately 45 m2, with the convenience of kitchenette and bathroom facilities, along with a heating and cooling system to ensure year-round comfort. Recently refreshed with a fresh coat of paint, the space boasts abundant natural light, creating a welcoming and productive atmosphere.
Key Features:
Location: Enjoy the benefits of a prominent location on Victoria Street, providing easy access for clients and employees alike. Situated on the city fringe, this area offers a perfect blend of accessibility and convenience.
Lease Details: Currently, the property is tenanted
Lease commenced November 23, 2023
Expires November 22, 2025
Options 2 x three-year terms
Rent $13,200 including GST
Annual Increases 3.5%
Market Review if option is exercised.
This is an opportunity for the astute investor. Already returning an income and in a prized location this is an opportunity not to be overlooked. With a secure lease in place and the potential for future growth, this investment promises both stability and potential appreciation. Don't wait to capitalise on this lucrative opportunity in one of the city's most coveted locations.
Features include: Kitchenette
Spanning approximately 45 m2, with the convenience of kitchenette and bathroom facilities, along with a heating and cooling system to ensure year-round comfort. Recently refreshed with a fresh coat of paint, the space boasts abundant natural light, creating a welcoming and productive atmosphere.
Key Features:
Location: Enjoy the benefits of a prominent location on Victoria Street, providing easy access for clients and employees alike. Situated on the city fringe, this area offers a perfect blend of accessibility and convenience.
Lease Details: Currently, the property is tenanted
Lease commenced November 23, 2023
Expires November 22, 2025
Options 2 x three-year terms
Rent $13,200 including GST
Annual Increases 3.5%
Market Review if option is exercised.
This is an opportunity for the astute investor. Already returning an income and in a prized location this is an opportunity not to be overlooked. With a secure lease in place and the potential for future growth, this investment promises both stability and potential appreciation. Don't wait to capitalise on this lucrative opportunity in one of the city's most coveted locations.
Features include: Kitchenette
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact Gabriel Mercuri to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Office
Block Size:
1027 m²*
Other Details
Lot:
7
Plan:
PS512344
Legal description:
7\PS512344
Maps and area information
Block information
Block size: 1027m² (approx)
Legal description: 7\PS512344
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
32 years
Population
14,953
Listing ID: 182325008. This listing has been viewed 1 time. It was first displayed on 23/02/2024 and last updated on 23/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.