Conquest Commercial is pleased to present an outstanding investment opportunity, securely leased to the Commonwealth Government of Australia. This modern, strata-titled ground floor office space spans 221 sqm* and is fully fitted to the highest commercial standards, with an estimated fitout value of approximately $500,000 (including a disabled lift). Key features of this investment include:
• Lease Commencement: 26th October 2021
• Lease Expiry: 25th October 2027, with a 3-year option
• Current Rent: $115,576 per annum gross + GST
• 1 Secure Car Space on Title

Located on the ground floor of the prestigious "Trilby Apartments", a standout 10-level apartment development, the property enjoys prominent frontage and excellent exposure along the popular Smith Street.
Positioned near the intersection of Smith Street and Alexandra Parade, the property is close to Collingwood’s vibrant residential, commercial, and retail hubs. It offers superb access to the Eastern Freeway and CityLink, as well as direct tram access right outside the door, providing a quick route into the CBD and Northern Suburbs.

Just a 2-minute walk away, the upcoming Fitzroy Gasworks development will create an urban village featuring approx. 1200 apartments, a senior high school and sports centre (already completed), and large open public areas. This development offers significant long-term benefits and growth potential for the surrounding area.

With the strength of an extremely reliable tenant, an exceptional high-quality fitout, and the exciting Gasworks development on the horizon, this investment offers security and considerable upside for investors.

For further details, please contact the selling agent below.

246 Dorcas Street is an exposure plus corner shop of approximately 100 sqm*, positioned at the ground floor of the renowned Jewel South Melbourne development.

The existing tenant is the widely successful family run StreetDogz Take Away restaurant, boasting their iconic Colombian Style Hot dogs and Fries. With a lease commencement starting in January 2024, they have already secured a huge local customer base since moving from their Flagship restaurant in Thornbury.

This superb investment opportunity offers the following attributes:

- Lease Commencement: 22nd January 2024
- Lease Term: 5 Years and 6 month with 2 further terms of 5 years
- Current Rental - $64,480,000 per annum + outgoings + GST
- 4% per annum increases
- 1 secure carspace on title
- Tenancy includes grease trap, exhaust fan, full kitchen and excellent fitout

The property is ideally located within 100 meters* from the bustling shopping strip of Clarendon Street and 5 minutes walk to South Melbourne Market.

For further information, please contact Luke Conquest 0432 328 668

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