Conquest Commercial is pleased to present an outstanding investment opportunity, securely leased to the Commonwealth Government of Australia. This modern, strata-titled ground floor office space spans 221 sqm* and is fully fitted to the highest commercial standards, with an estimated fitout value of approximately $500,000 (including a disabled lift). Key features of this investment include:
• Lease Commencement: 26th October 2021
• Lease Expiry: 25th October 2027, with a 3-year option
• Current Rent: $115,576 per annum gross + GST
• 1 Secure Car Space on Title

Located on the ground floor of the prestigious "Trilby Apartments", a standout 10-level apartment development, the property enjoys prominent frontage and excellent exposure along the popular Smith Street.
Positioned near the intersection of Smith Street and Alexandra Parade, the property is close to Collingwood’s vibrant residential, commercial, and retail hubs. It offers superb access to the Eastern Freeway and CityLink, as well as direct tram access right outside the door, providing a quick route into the CBD and Northern Suburbs.

Just a 2-minute walk away, the upcoming Fitzroy Gasworks development will create an urban village featuring approx. 1200 apartments, a senior high school and sports centre (already completed), and large open public areas. This development offers significant long-term benefits and growth potential for the surrounding area.

With the strength of an extremely reliable tenant, an exceptional high-quality fitout, and the exciting Gasworks development on the horizon, this investment offers security and considerable upside for investors.

For further details, please contact the selling agent below.

246 Dorcas Street is an exposure plus corner shop of approximately 100 sqm*, positioned at the ground floor of the renowned Jewel South Melbourne development.

The existing tenant is the widely successful family run StreetDogz Take Away restaurant, boasting their iconic Colombian Style Hot dogs and Fries. With a lease commencement starting in January 2024, they have already secured a huge local customer base since moving from their Flagship restaurant in Thornbury.

This superb investment opportunity offers the following attributes:

- Lease Commencement: 22nd January 2024
- Lease Term: 5 Years and 6 month with 2 further terms of 5 years
- Current Rental - $64,480,000 per annum + outgoings + GST
- 4% per annum increases
- 1 secure carspace on title
- Tenancy includes grease trap, exhaust fan, full kitchen and excellent fitout

The property is ideally located within 100 meters* from the bustling shopping strip of Clarendon Street and 5 minutes walk to South Melbourne Market.

For further information, please contact Luke Conquest 0432 328 668

*Approx

Conquest Commercial is delighted to present for sale this versatile ground floor medical/retail/office space, superbly located within the prestigious Trilby Development consisting of 108 apartments across 8 levels.

Comprising 123 sqm* of impressively presented space, the property has been fitted out to an exceptional standard (approx. $200,000 in internal improvements) and is currently trading as an osteopathy and physiotherapy practice. Soon to be offered with vacant possession, this property provides a rare opportunity for investors or owner occupiers to secure a modern, flexible space in the heart of Fitzroy’s vibrant Smith Street precinct.

Property Highlights
• High-profile Smith Street frontage with excellent exposure
• Premium fitout with exposed high ceilings
• Secure car parking on title
• Access to rooftop BBQ and entertainment area with 360° views of Melbourne
• Flexible use: medical, retail, office (STCA)

Location Benefits
• Situated near the corner of Smith Street & Alexandra Parade with direct tram access to the CBD and northern suburbs
• Excellent connectivity to the Eastern Freeway and Citylink
• Surrounded by thriving retail, dining and residential developments
• Just 2 minutes’ walk from the Fitzroy Gasworks redevelopment, an urban renewal project delivering approx. 1,200 new apartments, a senior high school, sports centre, and expansive public open spaces, offering strong long-term growth prospects for the area

With its premium fitout, exceptional exposure, and flexible usage potential, this is an outstanding opportunity to secure a modern commercial property in one of Melbourne’s most dynamic inner-city locations.

Inspections are sure to impress.

For further details, please contact Luke Conquest 0432 328 668