Investment Property
For Sale
  • Offices
  • WHOLE FLOOR OFFICE LEASED TO LONGSTANDING EDUCATION BUSINESS

    Level 8/271 William Street Melbourne, Melbourne, VIC 3000 Australia
    Investment Property
    For Sale
  • Offices
  • WHOLE FLOOR OFFICE LEASED TO LONGSTANDING EDUCATION BUSINESS

    Level 8/271 William Street Melbourne, Melbourne, VIC 3000 Australia
    Building Size
    407 SQM
    Building Size
    407 SQM

    OVERVIEW

    Cushman & Wakefield Strata Markets is pleased to exclusively present for sale Level 8, 271 William Street, Melbourne. A prime office floor with a rare net lease to longstanding proven tenant, with the following key attributes:


    - Leased to proven education institution, Alice Springs College, a longstanding tenant since 2017, providing vocational courses to international students.


    - A strong net lease returning an annual income of $152,057 + GST + Outgoings with fixed 3.75% annual increases. Tenant pays land tax! Rental payments are due 12 months in advance, providing additional income security.


    - A prominent corner building, the fully self-contained whole floor spanning 407sqm* with three frontages, kitchen and bathroom amenities as well as excellent natural light.


    - Suiting astute and savvy investors and forward-thinking owner occupiers looking to capitalize on the inerasable 9B occupancy permit. 


    - International education contributed $51 billion to the Australian economy in the 2023/2024 financial year, making it the fourth largest export in Australia. (Source: education.gov.au)


    - Ideally positioned with easy access to public transport, including Flagstaff Train Station (150m*), nearby bus and tram stops, and multiple commercial car parks, all within convenient reach.


    For Sale by International Expressions of Interests closing Thursday 3rd of April at 12pm.


    For further information, please contact Cushman & Wakefield Strata Markets as the exclusive selling agents.


    Anthony Kirwan | +61 431 952 430


    Jeff Ha 石军豪 | +61 401 145 166


    Jack Cooper | +61 498 231 704

    - Melbourne CBD

    Details

    Building Size:
    407 SQM
    Sale Price:
    Contact us for pricing

    AVAILABILITIES

    LOCATION

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