+61 3 8566 7633

info@bosisto.com.au

   

1/33 Fennell St

Port Melbourne VIC 3207

Description

  • Prime City Fringe Location
  • 4.5% Annual Increases
  • Additional Secure Outdoor Storage

An outstanding opportunity to secure a modern, office/warehouse investment in the heart of Port Melbourne. Located in Wirraway Drive and only 3kms* from Melbourne's CBD, while offering immediate access to City Link and the West Gate Freeway.

Expressions of Interest end on Thursday the 30th of July 4pm

Comprising a total building area of 202m2, including a fully enclosed 65m2 office, and 80m2 rear additional enclosed yard at the rear. The property offers a highly functional and versatile layout which supports a strong long term investment tenant. Current tenant has been located here since 30th of May 2023.

Key Features:
- Air conditioning and carpet in office areas
- Prominent corner location.
- Additional side secure yard area of 80m2 with roller door access
- 2 onsite car spaces
- Front Unit with absolute street frontage
- Amenities and kitchenette
- 2 roller doors
- Secure fenced outdoor side storage area accessible via roller door
- 3 phase power connected to ground floor

Investment Details:
- Leased to Sky5
- $54,600 Net pa + GST rental return
- New 3 year lease from 30/05/2026
- 4.5% yearly fixed increases with market review at commencement of further terms

Contact Agents for further details or to arrange inspection.

Expressions of Interest end on Thursday the 30th of July 4pm



Detail

Price: Contact Agent

Property Status: Sale

Category: Industrial/Warehouse, Showrooms/Bulky Goods, Offices

Land Area: 226 m2

Municipality: City of Port Philip

Exclusivity: exclusive

Current Lease Ends: 30/05/2029

Building Area: 202 m2

Parking Type: On-site parking available

Car spaces: 2

Parking Information: Free on street all day car parking

Zoning: Commercial Zone 2

Tenant Occupancy: tenanted

Occupancy Title: Whole building

Age / Year Build: 2010

Availability: Now

Condition: Excellent

Council Rates $pa: 3600

Water Rates $pa: 850

Land Tax $pa: 990

Owners Corporation / Insurance $pa: 4700

Roller Doors: 2 X Container height roller doors

Levels: 2 level office showrooms

NBN/Data/Telecoms

3 Phase Power

Universal Access

Air-Conditioning Offices

Security System

Amenities

Shower

Kitchenette

Arterial Road / Freeways

Bus Route

Port Access

Tenant: Sky5

Lease Terms: 3 Yrs

Lease Commencement Date: 30/05/2026

Annual Rental $/pa net: $54,600

Rent Reviews: 4.5%

Security Deposit: 6 Months Rent

Property ID: com14466


Address

16/88 Wirraway Drive PORT MELBOURNE VIC