One of Southbank’s Most Iconic and High Profile Buildingshttps://stonebridgeproperty.com.au/wp-admin/media-upload.php?post_id=18949&type=image&TB_iframe=1
179 - 185 Normanby Road, Southbank VIC

Stonebridge Property Group is pleased to present for sale Laconia House, a fully leased freehold office building at 179-185 Normanby Road, Southbank.
Situated on a 2,008 sqm* landholding with triple street frontage, this Capital City Zoned site is improved with a character filled five level commercial building with NLA of 3,438 sqm* and 35 car parks.
This property presents highly sought-after characteristics which include a corner position, protected view lines towards the Melbourne CBD, established public transport connectivity and the proposed park at the rear of the site.

  • Net lettable area of 3,438 sqm* and 35 car parks
  • Fully leased returning a net income of $1,736,954 per annum* as at 31-Jul-22
  • Renewed 6 year lease to longstanding ASX listed Helloworld Travel Limited (ASX:HLO – $430m* market cap)
  • Fixed 4% Annual Reviews and a highly favourable lease structure with all outgoings including land tax recoverable
  • Major landholding of 2,008sqm* within the Capital City Zone, allowing for potential for major future development (STPA)
  • 3.5-Star NABERS Energy Rating

*Approximate
To obtain further information, please contact the exclusive selling agents, Stonebridge Property Group.

Listing Map
Listing Map

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