Discover The Ideal Workspace on the City Fringe
8/520 Victoria Street, North Melbourne VIC 3051
$320,000
OfficeSize: n/a
Block size: 1027 m² approx.
Step into the perfect workspace located on the vibrant city fringe. Currently tenanted on a month-by-month lease, this prime office space at 8/520 Victoria Street offers an ideal blend of convenience, functionality, and style. Spanning approximately 45 m2, it provides ample room for your business operations.
Featuring essential amenities such as a kitchenette and bathroom facilities, as well as a dependable heating and cooling system, this space ensures comfort and efficiency year-round. Recently rejuvenated with a fresh coat of paint, it boasts a pleasant and inspiring atmosphere for work.
This is the opportunity for business presence in a sought-after location. Whether you're an investor seeking a promising property or a business owner looking for the perfect workspace, this is your chance to secure an exceptional space on the city fringe.
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 April 19, 2017
Options 2 x two-year terms
Expired April 18, 2023
Current Lease Monthly
Annual Rent $14,115.12 including GST
Outgoings
Owners Corp $1296.45 per quarter
Council Rates $248.89 per quarter
Water Rates $276.57 per quarter
Calling all savvy investors! Don't miss out on this golden opportunity. Situated in a prime location and already generating income, this investment is a gem waiting to be discovered. With a secure lease in place and promising potential for future growth, it offers both stability and the prospect of appreciable returns. Seize the moment and capitalise on this lucrative chance to invest in one of the city's most sought-after areas. Don't delay act now before it's gone!
Features include: Kitchenette
Featuring essential amenities such as a kitchenette and bathroom facilities, as well as a dependable heating and cooling system, this space ensures comfort and efficiency year-round. Recently rejuvenated with a fresh coat of paint, it boasts a pleasant and inspiring atmosphere for work.
This is the opportunity for business presence in a sought-after location. Whether you're an investor seeking a promising property or a business owner looking for the perfect workspace, this is your chance to secure an exceptional space on the city fringe.
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 April 19, 2017
Options 2 x two-year terms
Expired April 18, 2023
Current Lease Monthly
Annual Rent $14,115.12 including GST
Outgoings
Owners Corp $1296.45 per quarter
Council Rates $248.89 per quarter
Water Rates $276.57 per quarter
Calling all savvy investors! Don't miss out on this golden opportunity. Situated in a prime location and already generating income, this investment is a gem waiting to be discovered. With a secure lease in place and promising potential for future growth, it offers both stability and the prospect of appreciable returns. Seize the moment and capitalise on this lucrative chance to invest in one of the city's most sought-after areas. Don't delay act now before it's gone!
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:
8
Plan:
PS512344
Legal description:
8\PS512344
Maps and area information
Block information
Block size: 1027m² (approx)
Legal description: 8\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: 182325019. This listing has been viewed 0 times. 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.