For Sale
ENTRY LEVEL COMMERCIAL INVESTMENT
G01 & G01A/512-544 Spencer Street, West Melbourne VIC 3003
Vinci Carbone are pleased to offer for sale G01 & G01A, 512–544 Spencer Street, West Melbourne, an outstanding entry-level commercial investment leased to Zuup Pty Ltd and positioned within The Marker, a premium mixed-use development comprising 195 apartments and directly adjoining ALDI West Melbourne.
Key Highlights:
+ Returning $36,500 p.a. + Outgoings + GST, with the tenant responsible for 100% of building outgoings.
+ New five (5) year lease to Zuup Pty Ltd commencing 22 July 2025, plus one further two (2) year option.
+ Strong built-in rental growth, increasing to $38,000 p.a. + Outgoings + GST in July 2027 and $40,314.20 p.a. + Outgoings + GST by Year 5.
+ Zuup is an EV software and retailer with 4,000+ locations on Zuup Roam. (Zuup.com.au)
+ Three (3) months’ rental + GST security deposit together with director guarantee.
+ Modern 83sqm* ground-floor commercial premises utilised as office accommodation.
+ Includes two (2) car spaces.
+ Prime West Melbourne location immediately adjoining the Melbourne CBD, with excellent connectivity to Spencer Street, CityLink and Melbourne’s major arterial road network.
+ Close proximity to Queen Victoria Market, Flagstaff Gardens, Southern Cross Station, North Melbourne Station, Melbourne University and RMIT University.
For Sale by Private Sale.
approx.*
Key Highlights:
+ Returning $36,500 p.a. + Outgoings + GST, with the tenant responsible for 100% of building outgoings.
+ New five (5) year lease to Zuup Pty Ltd commencing 22 July 2025, plus one further two (2) year option.
+ Strong built-in rental growth, increasing to $38,000 p.a. + Outgoings + GST in July 2027 and $40,314.20 p.a. + Outgoings + GST by Year 5.
+ Zuup is an EV software and retailer with 4,000+ locations on Zuup Roam. (Zuup.com.au)
+ Three (3) months’ rental + GST security deposit together with director guarantee.
+ Modern 83sqm* ground-floor commercial premises utilised as office accommodation.
+ Includes two (2) car spaces.
+ Prime West Melbourne location immediately adjoining the Melbourne CBD, with excellent connectivity to Spencer Street, CityLink and Melbourne’s major arterial road network.
+ Close proximity to Queen Victoria Market, Flagstaff Gardens, Southern Cross Station, North Melbourne Station, Melbourne University and RMIT University.
For Sale by Private Sale.
approx.*