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C1, 63-85 Turner Street, Port Melbourne, VIC 3207

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C1, 63-85 Turner Street, Port Melbourne, VIC 3207

Port Melbourne

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C1, 63-85 Turner Street, Port Melbourne, VIC 3207

Port Melbourne

C1, 63-85 Turner Street, Port Melbourne, VIC 3207

C1, 63-85 Turner Street, Port Melbourne, VIC 3207

Properties / Buy / Victoria / Port Melbourne
Tenanted Investment
Selling Method
For Sale
Land Area
466 m² (*approx)
Floor Area
754 m² (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse
Fully Leased
Inchcape Shipping Services
Car Spaces
15
Show All
Rare Port Melbourne Strata Investment
  • Prime Port Melbourne Position
  • Flexible investment terms
  • Clear span warehouse

JLL is delighted to exclusively bring to market Unit C1, 63-85 Turner Street, Port Melbourne via Private Treaty. This strata asset, strategically positioned in Port Melbourne is an exceptional opportunity for investors looking to secure a long-term investment in one of Melbourne's premier inner city commercial precincts.

This property has a total building area of 754 sqm* on a 466 sqm* landholding, including 167sqm* of clear span warehouse with roller door access and 15 car spaces on title.

Currently at 62% occupancy, the property benefits from secured ground floor income to established tenant Inchcape Shipping Services (since 2012) with approximately 2.1 years remaining on their current 3-year lease plus a 3-year option.

Key features of the property include:

- Total Building Area: 754 sqm*

- Total Land Area: 466 sqm*

- 167 sqm clear span Warehouse

- 1x Roller Door Access

- Two level office

- 15 parking bays

- First level rental guarantee providing full cash flow security until December 2026 (total net rent of $173,000 p.a.)

- Flexible buyer profile suitable for both investors and strategic owner occupiers

For more information or to book an inspection please contact the JLL team below.

*(All figures are approximate)

Remember to mention you found this property on DevelopmentReady

Read More
Tenanted Investment
Tenanted Investment

C1, 63-85 Turner Street Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse
Tenant
Inchcape Shipping Services
Land Area
466 m² (*approx)
Floor Area
754 m² (*approx)
Car Spaces
15
Selling Method
For Sale

Investment Highlights

Rare Port Melbourne Strata Investment
  • Prime Port Melbourne Position
  • Flexible investment terms
  • Clear span warehouse

JLL is delighted to exclusively bring to market Unit C1, 63-85 Turner Street, Port Melbourne via Private Treaty. This strata asset, strategically positioned in Port Melbourne is an exceptional opportunity for investors looking to secure a long-term investment in one of Melbourne's premier inner city commercial precincts.

This property has a total building area of 754 sqm* on a 466 sqm* landholding, including 167sqm* of clear span warehouse with roller door access and 15 car spaces on title.

Currently at 62% occupancy, the property benefits from secured ground floor income to established tenant Inchcape Shipping Services (since 2012) with approximately 2.1 years remaining on their current 3-year lease plus a 3-year option.

Key features of the property include:

- Total Building Area: 754 sqm*

- Total Land Area: 466 sqm*

- 167 sqm clear span Warehouse

- 1x Roller Door Access

- Two level office

- 15 parking bays

- First level rental guarantee providing full cash flow security until December 2026 (total net rent of $173,000 p.a.)

- Flexible buyer profile suitable for both investors and strategic owner occupiers

For more information or to book an inspection please contact the JLL team below.

*(All figures are approximate)

Remember to mention you found this property on DevelopmentReady

Read More
Tenanted Investment

Property Location of C1, 63-85 Turner Street, Port Melbourne, VIC 3207

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C1, 63-85 Turner Street, Port Melbourne, VIC 3207 Port Melbourne
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