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84-88 Montague Street, South Melbourne, VIC, 3205

2. Property Highlights

Add to Your Empire

AUCTION THURSDAY 2ND MARCH AT 12NOON ON SITE

Nichols Crowder is delighted to present to the market this prominent and high profile, two level office/showroom building which occupies a generous corner landholding in the heart of South Melbourne.

With a lease through to September 2025 (no option) and positioned on a generous Capital City Zone landholding, this stunning freehold asset is ideal for long term investment, future occupation or development (STCA).

Key highlights include:

* Main road corner profile

* Impressive tenant in massive growth - Empire Studios

* Lease through to September 2025 (no option)

* Current rental at $105,000 per annum + GST & most outgoings

* High quality showroom/office over two levels

* Building area: 754sqm*

* Site area: 460sqm*

* Capital City Zone (CCZ1)

* Surrounded by modern high level development

* Adjoins Light Rail service

* Tenant has refitted premises at their cost

* Future market rental growth expected

OPEN FOR INSPECTION

Thursday 2nd March at 11.30am, followed by Auction at 12noon

For further details or to arrange an inspection, please contact:

Julian Vautin 0420 406 660

Matt Nichols 0418 186 488

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

Remember to mention you found this property on CommercialReady

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3. Property Location

84-88 Montague Street, South Melbourne, VIC, 3205

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4. Due Diligence

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