Wales Corner Office For Sale

Located on the twelve floor of the Wales Corner Building, this suite of 120m2 occupies the prime position on the floor.

Constructed in 1964-66 to a design by Stephenson & Turner, Wales Corner has a clear association with the postwar building boom which transformed central Melbourne into a modern high-rise city. The design of these commercial buildings from the late 1950s to the mid-1970s – many of which were architect designed – was driven by the commercial demands and the prestige afforded by a dominant city presence (Criterion A).

Wales Corner is a fine and highly intact representative example of a Post-War Modernist commercial building. The building strongly reflects the style which was popular in the 1960s to the mid 1970s, particularly in central Melbourne. Constructed as a 16-storey building on a prominent corner in Collins Street, Wales Corner clearly demonstrates typical characteristics of a 1960s to mid 1970s structure,

A 3 years lease is in place with a gross rental of $50,000 per annum ($417m2pa gross). A further 3 year option to renew the lease providing an opportunity for an investor to take advantage of a GST free purchase (going concern).