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SOLD

33-41 Agnes Street, East Melbourne, VIC, 3002

Properties / Sold / Victoria / East Melbourne

Tenanted Investment

1. Property Summary

Selling Method

Expression of Interest

Selling Details

Closing Wednesday 27 April, 2:00pm

Land Area

763 m² (*approx)

Floor Area

1828 m² (*approx)

Property Type

Offices

Est. Income

$1,037,040 p/a

Car Spaces

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2. Property Highlights

PROUDLY SOLD

Fully leased to blue-chip tenants
World class office accommodation
First time offered for sale in 33 years

33-41 Agnes Street, East Melbourne presents the rare opportunity to secure the best building within Melbourne’s most exclusive precinct.

Key details of the opportunity include:
- A first class 5-storey office building + incredible rooftop
- One of just seven office buildings (above 750sqm) within the Jolimont Precinct
- Extraordinary office accommodation, featuring an abundance of natural light throughout
- Fully leased to four blue-chip tenants
- Current Net Rental: $1,037,039 per annum* with average fixed annual rental increases of 3.6%
- Secure basement car parking for 18 vehicles, accessible via Jolimont Lane to the rear
- Flexible Commercial 1 Zone providing the ultimate flexibility to reposition the asset to suit medical, luxury residential or hotel (STCA)
- Premium location within East Melbourne’s Jolimont Precinct, bound by just 10 streets
- Walking distance to the MCG, Fitzroy Gardens and the “Paris End” of the Melbourne CBD
- East Melbourne has one of the lowest vacancy rates in Australia, averaging 2.2% over the last 10-years
- The first major office investment in East Melbourne (Jolimont Precinct) to be offered for sale to the open market in 10+ years
- 4.5 star NABERS rating