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570 St Kilda Road, Melbourne, VIC 3004

Office - Institutional Investments
Investment
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Property No.

Key Property Highlights

Building Area 7647 sqm
Land Area 2323 sqm
Parking 142
Energy Rating fullfullfullfullemptyempty
4-Star NABERS Energy Rating
Listing Status Sold

Central St Kilda Road investment offering significant uncaptured upside

Cushman & Wakefield are pleased to present 570 St Kilda Road, Melbourne via an International Expressions of Interest.

INVESTMENT HIGHLIGHTS:

  • Immaculate 7,647sqm* 8-level building plus basement parking for 142 cars.
  • Prominent, corner like profile with dual frontages and situated opposite the evolving Alfred Hospital medical cluster.
  • Excellent long term occupancy and retention track record with major occupiers including Simonds Homes & Family Office.
  • Highly efficient floorplates offering abundance of natural light.
  • Featuring a staggered expiry profile and a WALE of 3.1 years.
  • Fully leased income of $3,659,246p.a net with scope for positive rent reversion.
  • Immediate public transport access to the Melbourne CBD and surrounds, plus Melbourne’s best dining, entertainment, recreation, park and garden options.

Expressions of Interest Closing Wednesday, 10th November 2021 at 3pm (AEDT).

For further information please contact Cushman & Wakefield, the exclusive selling agent:
Leigh Melbourne | +61 413 253 339 | leigh.melbourne@cushwake.com
Nick Rathgeber | +61 413 420 400 | nick.rathgeber@cushwake.com
Mark Hansen | +61 451 779 818 | mark.hansen@cushwake.com