7/520 Victoria Street, North Melbourne VIC 3051

The Golden Opportunity

$320,000

Offices
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Description

The Golden Opportunity

Offices - North Melbourne VIC

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.


Price guide

$320,000

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Contact Agent
  • Gabriel Mercuri

    Even after decades of experience in the industry, Gabriel remains passionate about meeting new clients and discovering new opportunities. He describes himself as a problem solver who thinks outside the box. He’s a team player- always willing to share his expertise and be involved in different events and projects. His pastimes include gardening, walking his dog, and, most importantly, laughing. Read More

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Property Features