Suite 11/567 Spencer Street, West Melbourne

Offices - Professional Offices

3
182 m2

Sold for $1,225,000

FLEXIBLE CITY FRINGE WAREHOUSE OFFICE INVESTMENT

Behind the stunning red-brick art-deco facade of the former Lever Brothers Pty Ltd soap factory, this modern converted warehouse office suite of 182 sqm (approx) comprises a large open plan work area, mezzanine office space, partitioned offices, bathrooms, kitchenette, and server room. Features soaring concrete ceilings, floating floors, 3 secure undercover car spaces, split system heating/cooling, two storage cages and ample northern light. Situated on the very doorstep of the CBD only a short walk to Errol Street shops and cafes, Docklands, North Melbourne Train Station and Melbourne's Legal precinct. Securely leased to a quality long-term tenant until July 2021 with further options to extend, the suite currently returns $68,472 per annum (approx.) net. Zoned Mixed Use (MUZ), the building could be converted to a future residential use (STCA). A rare opportunity to secure a superb city fringe warehouse style office investment. Inspections by appointment only.