Office

40 Barry Street, Carlton

40 Barry Street Carlton, VIC Australia 3053
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area

Property Description

  • Three-storey office building comprising 644 sqm* of building area plus basement car parking
  • Situated in Carlton’s education and biomedical precinct in proximity to The University of Melbourne, RMIT and some of Melbourne’s largest hospitals
  • With favourable Capital City 5 zoning and development heights of up to 40 m* (STCA)
  • Short term lease to longstanding tenant providing initial income stream
  • Environmentally sustainable building that has received multiple sustainability and environmental awards
  • Outstanding medium-to-long term re-positioning or re-development opportunity with the property built with foundations that can support additional levels
  • Set to benefit immensely from significant upcoming development including the new Parkville Railway Station (350 m*) which will significantly enhance accessibility to the precinct
  • The building configuration provides flexibility and the potential for multiple tenants to occupy the premises
  • Rare opportunity to acquire a boutique office building ideal for investors, owner occupiers and developers


For Sale via International Expressions of Interest Closing on Wednesday 17th March 2021 at 3pm



Open for Inspection:

24th February Wednesday 1.00-2.00pm

3rd March Wednesday 11.00-12.00pm

10th March Wednesday 11.00-12.00pm


To book inspection or for further information, please contact the exclusive sales and marketing agents at JLL Melbourne:



Josh Rutman | 0411 27 37 46


Michael Godfrey | 0437 440 245


Mingxuan Li | 0498 668 998






*Approx

Investment Highlights

  • 644 sqm* office building with secure basement parking
  • Short-term holding income providing ultimate flexibility
  • Suitable for investors, owner occupiers and developers


Last Updated Date: 17 Feb 2021
Josh Rutman
Josh Rutman
Senior Director, Capital Markets Head of Middle Markets & Metropolitan Investments – Victoria
Michael Godfrey
Michael Godfrey
Executive, Capital Markets

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Last Updated Date: 17 Feb 2021

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