For Sale

SOUTH MELBOURNE

80 Market Street

Trophy Investment

• $1,746,000 net income
• State Land Tax recoverable
• Quality Building, Quality Tenants

Located just off Clarendon Street in the heart of South Melbourne. Easy stroll to the Clarendon Street retail strip & South Melbourne Market.
A sensational city fringe location with tram & light rail within easy walking distance.

An Architectural Masterpiece
100% Leased Premium Office Building to
Yamaha Corp & The Commons Group
Timeless Billard Leece Designed Office
3,168sqm of NLA, 5 levels, 4.5 NABERS
High value 1,022sqm Freehold
Kelly & Kelly Property are delighted to present to market 80 Market Street, South Melbourne VIC for private sale.

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).