17, 25 Claremont Street, South Yarra, VIC 3141

Investment | Offices

Sold

  • Property ID: 314220
  • Floor Area: 94m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 94m2 N/A Contact Agent
Prime South Yarra Office Investment - Suit $600,000+ Buyers!

A fantastic opportunity to purchase a premium office investment property in the heart of South Yarra's bustling Toorak Road retail precinct that is currently leased to The Healthy Grain Pty Ltd who is a leader in the provision of natural, nutritionally dense, patented wholegrains that enhance the health and wellbeing of people around the world. For further information please go to: www.thehealthygrain.com/

The property features;
- Light filled tenancy consisting of 94m2*
- 3 on site & allocated car spaces
- Customer parking along Claremont Street
- Air-conditioning and heating
- South Yarra train station at the end of the street
- Part of the South Yarra Toorak Road retail precinct

Lease Summary;
- Tenant: The Healthy Grain Pty Ltd
- Lease Term: Three (3) year lease + Three (3) year option
- Commenced: 15th May 2017 (1 year approx. remaining approx. on 1st term)
- Rental Return: $35,769.92 per annum + outgoings and GST
- CPI annual increases
- Security Bond: 3 months + GST

25 Claremont Street is an architecturally built four level office building offering small to medium sized businesses an aesthetically pleasing working environment through its clever and novel design of light filled office spaces, private balconies, basement parking, staff amenities and strategic positioning next to South Yarra Train Station and Toorak Road's retail precinct.

Additional Information
Features
  • Zoning: ACZ1 - Activity Centre Zone - Schedule 1
  • Lease Term: Three (3) Years + Three (3) Years
  • Rent Review: CPI annually
  • Car Spaces: 3
South Yarra Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $1097 ---
Retail $10549 $455 4.31%
Offices $8238 $667 8.10%
This is the average advertised price, rent and yield for South Yarra, VIC 3141*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 17, 25 Claremont Street, South Yarra, VIC 3141. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 17, 25 Claremont Street, South Yarra, VIC 3141. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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