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.

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 June 2027 (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)