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58-70 Lorimer St - Yarras Edge 2,475 SF Office Condo Unit in Melbourne, VIC 3008
Investment Highlights
- Iconic waterfront location in Docklands, adjacent to Melbourne CBD.
- Exceptional connectivity to major arterials, public transport, and Melbourne Convention Centre.
- Premium mixed-use precinct featuring luxury apartments, office spaces, and retail.
- Vibrant waterfront promenade with dining, cafes, and lifestyle amenities.
Executive Summary
Yarra’s Edge is a master-planned mixed-use precinct located on the southern bank of the Yarra River in Docklands, Melbourne. The development includes high-rise residential towers, premium office spaces, retail tenancies, and hospitality venues. The precinct features a marina, landscaped public areas, and direct access to South Wharf and Melbourne CBD. It is recognized as one of Melbourne’s most prestigious waterfront communities, offering a combination of residential and commercial opportunities.
Property Facts
| Total Building Size | 259,991 SF | Floors | 31 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 8,385 SF |
| Property Subtype | Apartment | Year Built | 2003 |
| Building Class | A | Lot Size | 0.96 AC |
| Total Building Size | 259,991 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 31 |
| Typical Floor Size | 8,385 SF |
| Year Built | 2003 |
| Lot Size | 0.96 AC |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
- Floor to Ceiling Windows
Site Amenities
- Business Center
- Concierge
- Fitness Center
- Waterfront
- Corporate Suites
- Elevator
- Lounge
1 Unit Available
Unit 66
| Unit Size | 2,475 SF | Sale Type | Investment |
| Condo Use | Office | NOI | $90,661.21 |
| Unit Size | 2,475 SF |
| Condo Use | Office |
| Sale Type | Investment |
| NOI | $90,661.21 |
Description
This property offers approximately 230 m² of premium office/showroom space with high ceilings and a flexible open-plan design, ideal for high-end retail or corporate use. It includes one secure basement car space and benefits from exceptional exposure to Lorimer Street and the West Gate Freeway, ensuring maximum visibility for branding. Located within the Yarra’s Edge precinct, the property is surrounded by lifestyle amenities and is within walking distance of South Wharf DFO, Melbourne Convention Centre, and the CBD, making it a highly desirable and connected business address.
Sale Notes
66 Lorimer Street, Docklands, presents a premier high-yield investment opportunity in Melbourne’s exclusive Yarra’s Edge precinct. This 230 m² property is currently leased to Olinqua Pty Ltd, a leading Australian technology innovator, under a secure 5-year lease commencing June 2023 with a further 5-year option. The property generates an annual income of $131,127 plus GST and outgoings, with fixed annual rental growth providing long-term income stability.
The property features a versatile, high-quality showroom and office space with soaring ceilings and a flexible layout, suitable for premium retail or prestige office use. It includes one secure basement car space and offers exceptional branding exposure with a massive frontage to Lorimer Street and visibility from the West Gate Freeway. Positioned just metres from South Wharf DFO, Melbourne Convention Centre, and the CBD, this is an outstanding opportunity to secure a blue-chip investment in a landmark location.
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58-70 Lorimer St - Yarras Edge
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