C1, 63-85 Turner Street

Rare Port Melbourne Strata Investment

JLL is delighted to exclusively bring to market Unit C1, 63-85 Turner Street, Port Melbourne via Private Treaty. This strata asset, strategically positioned in Port Melbourne is an exceptional opportunity for investors looking to secure a long-term investment in one of Melbourne's premier inner city commercial precincts.

This property has a total building area of 754 sqm* on a 466 sqm* landholding, including 167sqm* of clear span warehouse with roller door access and 15 car spaces on title.

Currently at 62% occupancy, the property benefits from secured ground floor income to established tenant Inchcape Shipping Services (since 2012) with approximately 2.1 years remaining on their current 3-year lease plus a 3-year option.

Key features of the property include:

- Total Building Area: 754 sqm*
- Total Land Area: 466 sqm*
- 167 sqm clear span Warehouse
- 1x Roller Door Access
- Two level office
- 15 parking bays
- First level rental guarantee providing full cash flow security until December 2026 (total net rent of $173,000 p.a.)
- Flexible buyer profile suitable for both investors and strategic owner occupiers

For more information or to book an inspection please contact the JLL team below.

*(All figures are approximate)