Suite 4/64-90 Sutton Street, North Melbourne

LEASING SUMMARY

$48,000 Per Annum Plus GST & Outgoings

Inner City Industrial "Loft Style" Office Space | Just $136.44 Per SQM

Map

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Address: 64-90 Sutton Street, North Melbourne, VIC 3051, Australia

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Description

History and character are etched in the double brick, reinforced walls of the former Commonwealth Wool & Produce building. Built-in 3 sections (in 1934 and 1940), the 25,000 square metres of building area has now become a multi-tenanted commercial hub with a diverse range of tenants including University Food Group, Jason Coleman's Ministry of Dance, Service Sphere and North Melbourne Boxing & Fitness.

Suite 4 / 64 - 90 Sutton Street, North Melbourne

  • 351.81 sqm of office space on the second floor
  • Unbeatable office rental rate, lower than industrial property rental rates nearby
  • Low outgoings, $16.09 per sqm
  • Polished concrete floor
  • 3 x reverse cycle air conditioners
  • Light and bright, plenty of natural light
  • Fully serviced by data box, cables & power points throughout
  • Classy entrance, with wooden floorboards immediately outside your front entry
  • Shared male & female toilets just outside your front door
  • Incentives available commensurate with the lease term
  • Very low outgoings
  • 500 metres walking distance to Macaulay and Flemington Bridge train stations
  • Cafes nearby
  • Exceptional inner-city location, with easy access to all interlinking traffic routes
  • Frontage to City Link freeway

Virtual Tour

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Floor Plan

Executive Summary

Property: Suite 4 / 64 - 90 Sutton Street, North Melbourne VIC 3051
Type: Office or Showroom/Bulky Goods
Local Authority: City of Melbourne
Zoning: Mixed Use Zone (MUZ)
Building Area: 351.81 square metres
Land Area: N/A
Car Parking: On site parking available upon request at extra cost
Rental: $48,000 per annum
Reviews: 3% annually
Lease Term: 3 - 5 years plus options
GST: 10%
Available: Immediately
Estimated Outgoings:
Insurance: $918.72 per annum approx.
Rates: $992.64 per annum approx.
Water: $211.20 per annum approx.
Building Management: $1,943.04 per annum approx.
Essential services maintenance: $137.28 per annum approx.
Electricity (estimate): $1,460.80 per annum approx.
TOTAL: $5,663.68 per annum approx.
Rent in advance: Two months at the lease commencement
Guarantee: $10,000 Security Deposit and Personal / Director/s Guarantee

Location Overview

North Melbourne is situated 3.5 km north west of Melbourne's CBD. 64 Sutton Street sits in the light industrial and commercial pocket between Boundary Road and the M2 City Link/Tullamarine Freeway. There are several public transport options nearby, including tram stops at the corner of Boundary Road & Racecourse Road (450m walk) taking passengers from West Maribyrnong to Flinders Street; as well as Flemington Bridge train station (650m walk) taking passengers from Flinders street to Upfield.

About us

Agent Details

Jackson Brenchley

Commercial Associate

Agent Details

Disclaimer

The information contained in this Information Memorandum and any other verbal or written information given in respect of the property (“Information”) is provided to the recipient (“you”) on the following conditions:

  1. I RALLY PTY LTD (14 609 411 823) trading as Modo Property and or any of its officers, employees or consultants (“we”, “us”) make no representation, warranty or guarantee, that the Information, whether or not in writing, is complete, accurate or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether expressed or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing.
  2. All visual images (including by not limited to plans, photographs, specifications, artist impressions) are indicative only and are subject to change. Any measurements noted are indicative and not to scale. All outlines on photographs are indicative only.
  3. The information does not constitute, and should not be considered as, a recommendation in relation to the purchase of the property or a solicitation or offer to sell the property or a contract of sale for the property.
  4. You should satisfy yourself as to the accuracy and completeness of the information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, taxation and financial advice. The includes as to whether any listing price is inclusive or exclusive of GST.
  5. We are not valuers and make no comment as to value. “Sold/Leased” designations show only that stock is “currently not available” - not that the property is contracted/ settled. If you require a valuation we recommend that you obtain advice from a registered valuer.
  6. The information does not and will not form part of any contract of sale for the property. If an interested party makes an offer or signs a contract for the property, the only information, representations and warranties upon which you will be entitled to rely will be as expressly set out in such a contract.
  7. Interested parties will be responsible for meeting their own costs of participating in the sale process for the property. We will not be liable to compensate any intending purchasers for any costs or expenses incurred in reviewing, investigating or analyzing any Information.
  8. We will not be liable to you (to the full extent permitted by law) for any liabilities, costs or expenses incurred in connection with the Information or subsequent sale of the property whatsoever, whether the loss or damage arises in connection with any negligence, default or lack of care on our part.
  9. No person is authorised to give information other than the Information in this Information Memorandum or in another brochure or document authorized by us. Any statement or representation by an officer, agent, supplier, customer, relative or employee of the vendor will not be binding on the vendor to us.
  10. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the State or the Commonwealth, such paragraphs should be read down, severed or both the case may require and the remaining paragraphs shall continue to have full force and effect.
  11. You may no discuss the Information or proposed sale of the property with the Vendor or any other person connect with the vendor without prior written consent. We accept no responsibility or liability to any other party who might use or rely upon this report in whole or part of its contents.
  12. The Information must not be reproduced, transmitted or otherwise made available to any other person without our written consent.
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