Teska Carson is marketing a creative studio/office building suited to investors and owner-occupiers at Abbotsford in Melbourne’s inner north-east.  Teska Carson Travis Keenan and Michael Taylor are marketing 16 Studley Street for sale by auction on Friday, June 11 at 1pm on site.

Located at 16 Studley Street, in between Yarra and Stafford streets, the property comprises a three level, 240 square metre, office building with open-plan space and a kitchenette on the ground floor, and open-plan office space with two terraces and ample natural light on the first and second floors.

The Commercial 2 zoned site has an eight metre street frontage and four car parks with access via a rear laneway.  

The location offers easy access to public transport, including Victoria Park and Collingwood train stations, and Hoddle and Johnston street bus routes, as well as the Eastern Freeway, and also offers close proximity to shops, cafes and entertainment.

According to marketing agents, Teska Carson’s Travis Keenan and Michael Taylor, the property will be sold subject to a three year lease at $55,800 per annum with 4 per cent annual increases.  

“This is a modern office with a point of difference and a location that is close to everything that a tenant might require including trains, café’s, restaurants and entertainment, the Eastern  Freeway and the CBD -  a location which would suit numerous businesses.

“Owner-occupiers will be interested in a building which offers plenty of open plan space, on-site parking and private terraces, while investors will also be attracted to the excellent growth prospects of a property within an increasingly popular city fringe precinct,’’ Mr Keenan said.  

Mr Taylor said there was no doubt the property ticked all the boxes of a first rate, entry level, investment in an area with an excellent record of attracting creative tenants and maintaining low vacancy rates.

Mr Taylor said the property’s key attributes included

• Exceptional inner city location;
• Strong growth prospects;
• Modern, open-plan office areas;
• Two private terraces;
• Four on-site car spaces; and,
• Direct access to public transport and freeways.

To request a copy of the Information Memorandum please contact one of the marketing agents via the contact form below.