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80 Market Street, South Melbourne, VIC, 3205

Properties / Buy / Victoria / South Melbourne

Tenanted Investment

1. Property Summary

Selling Method

Private Sale

Selling Details

Price on Request

Land Area

1,022 m² (*approx)

Floor Area

3168 m² (*approx)

Property Type

Offices, Retail, Other

Est. Income

$1,746,050 p/a

Fully Leased

Yamaha (Head Office) and The Commons Group

Nabers Rating

4.5 Stars

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2. Property Highlights

An Architectural Masterpiece | 100% Leased Premium Office Building I Yamaha Corp & The Commons Group

Timeless Billard Leece Designed Office
3,168sqm of NLA, 5 levels, 4.5 NABERS
High value 1,022sqm Freehold

Burgess Rawson, together with Kelly & Kelly Property, are delighted to present to market 80 Market Street, South Melbourne VIC for sale via Private Treaty.

The Key Investment Highlights:

+ Modern and impressive Billard Leece Architects designed office building completed in 2016.

+ 100% leased to Yamaha (Head Office) and The Commons Group (13 locations).

+ Yamaha Australia: wholly owned by Yamaha Corporation Japan, est, 1897 with over $4.281bn (AUD) in revenue (FY23-24).**

+ The Commons Group: Leading premium co-working office space provider with 13 locations across Melbourne and Sydney.

+ Landlord preferred net leases with tenants paying outgoings including land tax.

+ 3,168 sqm* net lettable building over 5 levels plus secure storage and parking for 37 cars.

+ High value 1,022 sqm* freehold landholding.

+ 4.5 star NABERS energy rating.

+ Incredible position metres from high-end Clarendon Street retail , South Melbourne Market, Woolworths, ALDI and more.

+ Tightly held CBD gateway location, neighbouring DFO South Wharf (5.7 million annual visits***), Melbourne Exhibition Centre, Crown Casino and providing

important access to Inner & outer suburbs of Melbourne via West Gate Freeway and City Road.

+ Net income $1,746,054* pa (September 2024).

For sale via Private Treaty.

For further information or to inspect, please contact the Burgess Rawson or Kelly & Kelly agents.

*Approx

**Yamaha Corporation

***Vicinity Centres

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