When calling, please use enquiry code 512846

8% High Yielding Long Term 9B Approved Campus with 150 Capacity Abundant Natural Light & 4 Carparks

• SIGNED LEASE AT $150,000 NET PA
• 3 + 3 YEAR TERM TO EDUCATION OPERATOR

Key property highlights:
• Expansive office space of 355m2* within the East Tower of 608 St Kilda Road.
• Offered as Tenanted Investment – Leased to Education Operator, currently with campuses in NSW & VIC, providing Vocational Education Courses in Health Science, Business Management, Health & Fitness.
• Lease at $150,000 + GST + Outgoings per annum, providing solid rental returns with further 3 year option.
• Fully fitted including a versatile reception area, meeting rooms, and partitioned offices or classrooms.
• Current 9B permit capacity allowing for approx. 150 pax (130 students and 20 staff) at any given time catering to education-related operators.
• Four (4) secure car parks to be accompanied with sale of commercial premises.
• Strong natural light throughout the office with on-premises kitchen.
• Benefitting from seamless connectivity with tram routes along St Kilda Road, with connectivity to Melbourne CBD (5km*), Prahran Train Station (1.2km*), as well as major road networks on Queens Road/Princess Highway.
• Surrounded by superb retail and lifestyle amenities, adding convenience and vibrancy to the workspace; Adjacents Albert Park Lake & Golf Course, Wesley College, and Chapel Street precinct nearby.

When calling, please use enquiry code 512846