8/520 Victoria Street, North Melbourne VIC 3051

Discover The Ideal Workspace on the City Fringe

$320,000

Offices
Description

Discover The Ideal Workspace on the City Fringe

Offices - North Melbourne VIC

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!


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

    Get in touch
Property Features
  • Offices
  • Floor Area is 45 m²
  • House Category