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