Suite 201, 20 Convention Centre Place, South Wharf
Spectacular city-edge offices with new secure lease
With a blue-ribbon tenant and new five-year lease with a further five-year option, this is an outstanding opportunity to acquire a high-quality investment property in a stand-out riverfront location. These offices in the bustling South Wharf precinct are located on the second floor of a mixed-use building overlooking the Yarra River. The north-facing balcony affords spectacular views of the CBD. An excellent level of amenity is provided by a staff kitchen and high-calibre end-of-trip facilities and there are 12 off-street carparks with lift access to the office level.
For the past three years, the property has been occupied by a high-profile tenant, Hospitality One Pty Ltd, under the umbrella of Showtime Events Group. The group has a 10-year history in the area and runs various event venues in Docklands and across the city of Melbourne.
The prime location in South Wharf puts this property on the doorstep of the Melbourne Convention and Exhibition Centre and the DFO shopping precinct and just a short walk from the CBD and multiple train and tram routes. Eateries, bars, hotels and national brand retail offerings abound in South Wharf and the nearby Crown Casino and Southgate precincts.
Key features
• Prestige riverfront location with views
• Total office area 225 sqm approx.
• New 5 + 5-year lease commencing 1 July 2025
• Rental of $140,850 with 3.5% annual reviews
• All outgoings including Land Tax paid by tenant
• Bank guarantee and personal guarantee provided
• 12 off-street car parks
• Easy access to train, tram and light rail routes
• Shopping, eateries and hotels at the door
For more details contact Simon Regan 0412 059 900 or Matt Hoath 0418 543 714.
