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Offices For Sale found in MALVERN, VIC 3144

SUBSTANTIAL OFFICE INVESTMENT WITH EXCELLENT DEVELOPMENT POT...

Investment | Offices | Development/Land | Medical

Part Occupancy available NOW!
* Prime Real Estate situated in an established commercial precinct in the Eastern Suburbs of Melbourne
* Architecturally significant and highly visible
* Compact central core design allows for maximum flexibility for tenancy layout
* 3 separate titles
* Located approximately 10km from Melbourne's Central Activities District and adjacent to Dandenong Road
* 32.32 Meters frontage to Glenferrie Road
* Site area approx. 1076m2
* Building area approx. 2187.6m2
* Residential Development Potential (STPA)
* 360 Degree views of Melbourne from Rooftop
* Secure parking for 69 vehicles
* Commercial Zone 1
Contact Martin Smyth 0411 744 000, martin@rosinsmyth.com.au to arrange inspection.

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Price: Contact Agent    Building: 2187m²    Land: 1076m²    Occupancy: Tenanted

Properties located in the surrounding suburbs

HAWTHORN'S BEST DEVELOPMENT SITE

Investment | Development/Land | Offices

JLL and Gorman Kelly are delighted to present for your consideration an irreplaceable, blue chip land holding located in one of Melbourne's most affluent suburbs. Being a major commercial, retail, educational and lifestyle hub in Melbourne's premier inner east, Hawthorn represents a magnificent development opportunity (STCA), as well as an excellent opportunity to occupiers wanting to utilise the existing improvements.
Located in one of Melbourne's most desirable suburbs, Hawthorn is recognised as a prestigious residential address. Ample amenity, quality educational institutions and excellent transport links have, in recent times, underpinned the development of a number of new residential projects.
This premium opportunity is summarised by the following key attributes:
- Well exposed corner property of 1,221sqm* land holding providing exceptional development opportunity;
- A rare opportunity; suitable for value add investors, future owner occupiers or developers;
- Extensively renovated single level office building of 937m2 with basement parking for 29 cars;
- Existing lease and net rental income of $286,758.96 per annum plus GST from international tenant ACI Operations Pty Ltd with lease expiring 30 June 2018 and no further option;
- Outstanding future development potential (STCA) to deliver a high density mixed-use project;
- Close to local amenity, within walking distance to vibrant Burwood Road Shopping Strip and anchored by one of Melbourne's busiest suburban retail strips-Glenferrie Road, which includes a host of national retailers;
- Near supermarkets; dining, culinary and entertainment attractions; train stations, trams and transport hub, Swinburne University; various parks, gardens and recreation attractions and freeway link to Melbourne CBD.
For further information or to arrange an inspection, please contact the exclusive agents from JLL or Gorman Kelly.

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Price Contact Agent
Building 937m²
Land 1221m²
Occupancy Tenanted
Property ID 257449

SUBURB PRICE GUIDE

Suburb Summary - Malvern, VIC 3144

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $336
Retail $364
Industrial $417
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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