Property Details
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Contact Agent
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Offices
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2396 sqm
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365 sqm
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19
Agent Details
24-26 Cubitt Street, Cremorne
HIGH QUALITY, BOUTIQUE FREEHOLD INVESTMENT IN CREMORNE
Teska Carson and Cushman Wakefield are proud to present 24-26 Cubitt Street, Cremorne for Sale by International Expression of Interest closing Wednesday 10th June 2026 at 2pm (AEST).
Expertly designed and completed in 2019, 24-26 Cubitt Street is a high-quality 7-level retail and office building with rooftop terrace, spanning 2,396sqm* of GFA with 19 secure basement carparks, positioned in the heart of Cremorne, Melbourne's most established and sought-after fringe commercial market.
Key details are highlighted below
· High-quality 7-level retail and office building featuring a central core configuration, floor-to-ceiling windows flooding the building with natural light, and exclusive private outdoor terraces on all office levels, crowned by a stunning rooftop terrace.
· Strong current passing rent and an estimated fully leased net income of $970,561 per annum*. The building has maintained a strong occupancy history, with a recent leasing deal completed in the past two months.
· 5 Star NABERS Energy rated building with 19 secure basement carparks, offering best-in-class sustainability credentials within the Cremorne precinct.
· Opportunity to deliver additional levels above the existing roofline (STCA), providing future upside for incoming purchasers seeking to enhance the asset's scale and returns.
· Cremorne is undisputedly Melbourne's most active office tenant market, with consistent leasing transactions of $750/sqm+ net being achieved. The precinct is endorsed by numerous high-profile businesses including Adidas, Reece, Decjuba, MYOB, Seek, Carsales.com and many more.
· A hyper-connected fringe location, positioned within 400 metres* of both Richmond and East Richmond Train Stations, providing exceptional access to Melbourne's broader metropolitan network.
*Approx.
STCA – Subject to Council Approval
GFA – Gross Floor Area
Expertly designed and completed in 2019, 24-26 Cubitt Street is a high-quality 7-level retail and office building with rooftop terrace, spanning 2,396sqm* of GFA with 19 secure basement carparks, positioned in the heart of Cremorne, Melbourne's most established and sought-after fringe commercial market.
Key details are highlighted below
· High-quality 7-level retail and office building featuring a central core configuration, floor-to-ceiling windows flooding the building with natural light, and exclusive private outdoor terraces on all office levels, crowned by a stunning rooftop terrace.
· Strong current passing rent and an estimated fully leased net income of $970,561 per annum*. The building has maintained a strong occupancy history, with a recent leasing deal completed in the past two months.
· 5 Star NABERS Energy rated building with 19 secure basement carparks, offering best-in-class sustainability credentials within the Cremorne precinct.
· Opportunity to deliver additional levels above the existing roofline (STCA), providing future upside for incoming purchasers seeking to enhance the asset's scale and returns.
· Cremorne is undisputedly Melbourne's most active office tenant market, with consistent leasing transactions of $750/sqm+ net being achieved. The precinct is endorsed by numerous high-profile businesses including Adidas, Reece, Decjuba, MYOB, Seek, Carsales.com and many more.
· A hyper-connected fringe location, positioned within 400 metres* of both Richmond and East Richmond Train Stations, providing exceptional access to Melbourne's broader metropolitan network.
*Approx.
STCA – Subject to Council Approval
GFA – Gross Floor Area
