Investment Property Available
For Sale Offices

EOI CLOSED - New Long Wale Trophy investment

266 Raglan Street, Preston, VIC 3072 Australia
Investment Property Available
For Sale Offices

EOI CLOSED - New Long Wale Trophy investment

266 Raglan Street, Preston, VIC 3072 Australia
Building Size
3,155 SQM
Lot Size
1,780 SQM
Energy Rating
5.5
Building Size
3,155 SQM
Lot Size
1,780 SQM
Energy Rating
5.5

OVERVIEW

Cushman & Wakefield Middle Markets together with Gorman Commercial are pleased to offer for sale 266 Raglan Street, Preston, Preston’s newest office building, fully leased to Berry Street and International Workplace Group and generating a secure net income of approximately $2 million per annum plus GST. Positioned in the heart of Preston’s thriving mixed use and commercial precinct just 8km north of the Melbourne CBD, this premium asset presents a rare opportunity with strong passive income, substantial depreciation benefits, and long-term upside.

 

  • New state of the art 3-level 3,155sqm office building
  • 37 car parks, large bike storage and impressive end-of-trip facility
  • Fully leased to Berry Street (Government Not for Profit) & IWG
  • Long 7 year and 10-year leases to two excellent covenants
  • Net income $2 million pa plus GST (approx.)
  • Strategic inner north location with minimal office competition
  • Positioned in the South Preston activity centre, between High Street and Plenty Road and 500 metres south from Bell Street
  • Land area 1,780sqm, zoned C1 and long-term re-development potential
  • Significant depreciation benefits
  • Nabers Energy Rating 5.5 Stars

 

EOI CLOSED


To arrange an inspection or for further information please contact the exclusive selling agents:


Cushman & Wakefield

Oliver Hay | +61 419 528 540s

Daniel Wolman | +61 412 957 839

Leon Ma 马海翔 | +61 417 070 725


Gorman Commercial

Peter Bremner | +61 412 326 942

Jonathon McCormack |+61 418 835 885


*Approx

- North Melbourne

CONTACT

Key Features
  • Fully leased on long leases
  • Brand new office building
  • Net Income $2 million pa plus GST

Details

Building Size:
3,155 SQM
Sale Price:
Contact us for pricing
Lot Size:
1,780 SQM
Energy Rating:
5.5

CONTACT

EOI CLOSED - New Long Wale Trophy investment

LOCATION

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