REFINED INDUSTRIAL STYLE OFFICE CONVERSION

  • OCCUPY OR INVEST
  • SHORT-TERM RENTAL INCOME
  • FIVE (5) UNDER CROFT CAR PARKS

Auction: Friday 24 May 2019 at 1pm on-site.

Formally a double story warehouse, this standalone building has been converted into office space with a Total Net Lettable Area of 419m2.

Offered with short term leases that generate $119,051 per annum. There’s scope for a substantial rental increase with a perceived market rental of circa $160,000 per annum.

Stylish finishes throughout that include polished concrete flooring complimented by exposed steel trusses and beams. Strategically positioned skylights paired with the steel framed windows that wrap the perimeter allow the building to be soaked in natural light.

Flexible Activity Centre Zoning, enables a variety of mix use development options to be explored.

A proven commercial and residential location that’s underpinned by the best lifestyle amenity Melbourne has to offer. Immediate transport links via the Prahran Train Station (270m*), High Street and Chapel Street trams and all major thoroughfares including Dandenong Road and Punt Road.

* approx.

Other

  • Address: Prahran, Victoria 
  • Status: Purchased 
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