53 Bay St, Port Melbourne, VIC 3207

Blue Chip Location

Prime Bay Street position with direct exposure to the main road and a high volume of vehicles passing daily.
Property Features:
- Building area | 325m2 approximately
- Zoning | Commercial 1
- Current Tenant is a big medical group.
- Lease, 5 years commenced 1 Dec 2017
- Lease renewal 1 Dec 2022 , 5 years with further terms 5 x 5
- Modern fit-out
- 9 offices/ rooms, large reception area, 3 toilets, 1 staff room, 2 storage and 2 small rooms for multi-use
- Rental Return : $ 11,433.10 per calendar month/ $ 137,197.2 per PA including GST Plus outgoing
- Situated within the business district, many key precincts are nearby
- COUNCIL RATES: $6976 per annum.
- BODY CORPORATIONS: $4496/per year
- WATERS: $1,136 PER YEAR

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