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175 Sturt St 20,882 SF 100% Leased Office Building Southbank, VIC 3006 For Sale
Investment Highlights
- Permit approved for a 17-storey mixed-use development comprising 152 apartments and 12,087 sqm NSA/NLA
- Existing two-storey office building (1,940 sqm NLA) with on-site car parking
- 2,076 sqm corner landholding with extensive frontage within a Capital City Zone
Executive Summary
The property comprises a corner development site with planning approval for a 17-storey mixed-use development. The approved scheme includes residential apartments with ground-floor retail/commercial and is located within the Southbank Arts Precinct. The site is currently improved with a two-level office building and is offered for sale by the appointed agents.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
20,882 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,441 SF
Building FAR
0.93
Lot Size
0.51 AC
Parking
24 Spaces (1.15 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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175 Sturt St
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