Off the plan Cremorne office space for sale

Off the plan Cremorne office space for sale
Staff reporterDecember 7, 2020

A five level Cremorne office complex is up for sale ahead of its expected completion in 2017.

The property at 16 Dover Street has floor spaces available with offices ranging from 65 square metres to 790 square metres, all with external terraces included.

There is also a secure onsite car parking available per office with the optional choice to add more car spaces for a cost.

The Bialkower family is selling the strata office space off the plan in a $7 million development having previously focused on industrial projects.

It has been marketed as "the perfect SMSF purchase suitable for businesses with three to 70 staff members".

For a limited time stamp duty savings and tax benefits are available through CBRE.

It was previously a warehouse prior to its redevelopment.

Figures compiled by CBRE show strata office values in Melbourne have risen 10 per cent to 15 per cent in the last year to range from $7000 to $11000 per square metre, making them comparable with the returns achieved on residential apartment developments.

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