Sold

2-6 Southampton Cres 27-29 Duke St & 36 Bond St
ABBOTSFORD, VIC 3067

Property Type
Offices
Building Area
6,048m2
Land Area
3,099m2

CBD Fringe Office Building Plus Adjoining Site With Approved Permit

Fitzroys is delighted to offer this exciting re-positioning opportunity in Melbourne’s highly sought after city fringe office market, 2-6 Southampton Crescent, 27-29 Duke Street & 36 Bond Street, Abbotsford for sale.

The ultimate commercial package – suited to value add investors, developers, owner occupiers and speculators.

Key features include:

•  Iconic 5-level, part refurbished office/medical building of 6,048sqm with large, light filled average floor plate of c 1,210sqm*
•  Adjoining land with permit for new 5,170sqm* office (+129 cars) – currently 3 warehouses, leased short term
•  Total land area 3,099sqm* with 3 street frontages
•  Potential NLA 10,484sqm* plus 129 cars per approved permit
•  Suit value-add investors, developers and owner occupiers
•  Part leased (28%) to single medical tenant - Starpharma (ASX listed) until Dec 2027
•  Total passing income of $840,000 per annum gross*
•  Rapidly gentrifying mixed use precinct close to Victoria Gardens shopping centre and only 3kms* to Melbourne CBD
•  Buy below replacement cost in burgeoning precinct
•  0 Stars NABERS Energy Rating


* approx.

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Consultant

Paul Burns

M: 0412 244 274
E: burnsp@fitzroys.com.au

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

Property Type
Offices
Building Area
6,048m2
Land Area
3,099m2