Stonebridge Property Group is pleased to present for sale 2-4 Douglas Street, Southbank.

The key highlights of the opportunity include:

• Corner commercial building fully leased to tenants including Woolworths owned ‘Shopper’, Channel 31, Bang Bang Media Studios and Peter Harvey & Co Architects, providing annual net income of $426,000* per annum
• Strong history of tenant retention with some tenants having been within the building for over 20 years
• Architecturally designed art deco four storey building comprising of four self-contained tenancies
• Top two office suites each feature city views of the Melbourne CBD & Kirrip Park and entertainer balconies
• Employee centric amenities and location offering unique work spaces with character that represent a point of difference
• Surrounded by some of Melbourne’s best amenities including DFO South Wharf (440 m*), Kirrip Park (opposite), Melbourne Exhibition Centre (130 m*), Montague Light Rail Station (250 m*), South Melbourne Market (500 m*) and Golden Fleece Hotel (378 m*)
• 10 secure at-grade car parks, a rare commodity within this precinct of South Melbourne/Southbank
• Located 100 m* from Greystar’s (American and global BTR giants) $500m Build To Rent project which will bring significant benefit to the precinct. The project is already under construction and includes three towers encompassing 700 apartments, 4,300 sqm* of amenity and 850 sqm* of retail space (estimated to be completed by 2024)
• Capital City Zone offers the ultimate flexibility of uses including residential, medical, office, education and more
• Central Southbank location providing ease of client and employees access from both Eastern and Western suburbs of Melbourne

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

*Approximately