For Sale
A Prestigious ‘Two-In-One’ Albert Park Investment
70-72 Bridport Street, Albert Park VIC
Stonebridge Property Group is pleased to present for sale 70-72 Bridport Street, Albert Park.
The key highlights of the opportunity include:
- The commanding Bridport Street investment spans 253 sqm* across two separately accessed and well-designed office/retail buildings
- 100% leased to two longstanding and reputable tenancies (Finnis & Workplace Legal) that together provide an annual income of $100,440*+ GST + Outgoings
- Finnis is an award-winning Melbourne based designed studio/architecture firm who have occupied the property since 2011 whilst ‘Workplace Legal’ are an established practice specialising in industrial, employment and commercial law
- The highly functional buildings boast high ceilings, natural light, kitchen facilities, private office spaces and recently underwent a significant services (air-conditioning) upgrade
- Free on-street parking plus rear access and surplus on-title car parking provides an added level of convenience for tenants and customers
- Strategically located on the northern end of Bridport Street – the retail backbone of Albert Park home to Mecca, Woolworths, Seed, Gorman, Vintage Cellars, Laurent Bakery, The Albert Park Hotel and more
- Albert Park is one of Melbourne’s most affluent suburbs with an exuberant median house price of $2,404,000 and family income 79% higher than the Melbourne average – a major drive for local trade and rental growth
- The property is positioned on the doorstep of the Melbourne CBD (2.1 km*), moments from the famed Albert Park Lake/Racetrack, Port Phillip Bay and just 800 m* from the internationally recognised South Melbourne Markets
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
* Approximate