Cushman & Wakefield Melbco Middle Markets proudly presents an exceptional investment opportunity at 10 Queens Road, Melbourne. This prime city fringe office building is ideally positioned for value-add investors, owner-occupiers, and developers seeking an asset incorporating unparalleled potential.
Key highlights include:
- Prestigious Queens Road location with a combined 60m* of street frontage (Queens Road & Queens Lane) directly opposite Albert Park
- 19-storeys of high-quality office space featuring flexible floorplates allowing for a range of end uses with 4 star NABERS rating
- Substantial site area of 2,323sqm* with long-term potential while benefitting from interim cash-flow
- Returning $3,112,236pa* (Net Fully Leased) with significant opportunity for future capital value-add and rental reversion
- Substantial basement and undercroft car parking comprising of 159 spaces
- Within proximity to the city’s cherished landmarks, esteemed private schools and iconic gardens
- Future advantages with the newly built ANZAC station and the continuous progress of the Metro Tunnel project, poised to elevate the demand for this prime location
- Queens Road precinct is swiftly becoming Melbourne's premier destination for high-end residential and build-to-rent developments, capitalizing on the city's dynamic landscape
For Sale by International Expressions of Interest Closing Wednesday 27 March 2024 at 12pm (AEDT)
For further information or to arrange an inspection of the property please contact the Cushman & Wakefield Melbco Middle Markets team as the exclusive selling agents:
Oliver Hay | +61 419 528 540
Daniel Wolman | +61 412 957 839
Leon Ma 马海翔 | +61 417 070 725
*approx
- Melbourne City Suburbs