High Yielding Office Investment with National Education Tenant - Abundant Natural Light & 4 Carparks on Title
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Newly Signed Lease at $150,000 Net PA
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3+3 Year Term to Education Operator
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Flexible Settlement Period
Tiga Commercial presents For Sale a high yielding commercial office/education premises at Level 3, 608 St Kilda Road, Melbourne, suitable to investors or future owner occupiers.
Key property highlights:
- Expansive office space of 355m2* within the East Tower of 608 St Kilda Road.
- Offered as Tenanted Investment - Newly leased to 'Helix College' currently with campuses in NSW & VIC, providing Vocational Education Courses in Health Science, Business Management, Health & Fitness.
- 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 and bathrooms.
- 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.
*Approximate