High-Profile Docklands Investment – 167,000+ Vehicles Passing Daily

Burgess Rawson is pleased to offer to the market 66 Lorime Street, Docklands VIC for sale by private treaty.
The property has the following investment highlights:
+ Brand new five (5) year lease to 2028 plus one (1) further (5) year option to 2033.
+ Olinqua: Founded in 2019, Olinqua is a software business dedicated to the medical industry and is partnered with over 8,000 healthcare professionals across
80+ hospitals.**
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Landlord-favourable, net lease terms with tenant responsible for all usual outgoings (excluding Land Tax).
+ Large 230sqm* showroom with 42 metre frontage to Lorimer Street and exposure to West Gate Freeway, two major arterial roads with over 167,000 vehicles
passing daily.***
+ Walking distance to some of Melbourne?s landmark attractions, including the Crown Casino, Melbourne Aquarium, South Wharf DFO and the Melbourne
Convention Exhibition Centre (MCEC).
+ Prime position within the popular Yarra Edge development, a premium residential and lifestyle precinct home to more than 3,000 residents.****
+ Surrounded by important public transport infrastructure, with a multitude of tram services, Southern Cross Station and Flinders Street Station all within
1.5km*.
+ The City of Melbourne: On average, over 850,000 people visit the city centre every day and each year Melbourne hosts over a million international visitors.*****
+ By 2041, the City of Melbourne?s population is expected to double and reach over 308,000 ? over the same period, the number of jobs is forecast to
increased by 41% and reach over 659,000.******
+ Net Income: $120,000 pa* + GST
To be sold by private treaty
*Approximately
**Olinqua
*** Gap Maps
****Development VIC GOV
*****VIC GOV
******Remplan