A Chic South Yarra Investment

EOI – Leased Investment - 101/70-72 River Street, South Yarra

Investment opportunity, Offices, Retail

Overview
Property ID: 19032
Price: Contact Agent
Rent: $225,000 (ex. GST)
Building: 494m²
Zoning: Activity Centre Zone (ACZ1)
EOI
21/06/2022 02:00 PM
Add to Calendar 21/06/2022 02:00 PM 21/06/2022 02:00 PM Australia/Melbourne EOI – Leased Investment - 101/70-72 River Street, South Yarra A Chic South Yarra Investment Daniel Philip [email protected] false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960
Attachments
Description

POINT OF INTEREST:
Expression of Interest Closing Tuesday 21st June 2022 at 2pm.**NOW CLOSED OFFERS UNDER REVIEW**

An "In Vogue" investment is an understatement.
Positioned in the heart of the affluent suburb of South Yarra, this recently constructed building is in a league of its own.
Leased to Viapac Group, a renowned multinational property developer focusing on medium to large scale mixed-use projects on a three year term providing $225,000.00 net per annum of income.

This meticulously constructed mixed use building comprises 494sqm* of stylish space, featuring ground floor office / retail with soaring 5 metre* high ceilings and a whole first floor office with an abundance of partitioned offices, boardrooms, three sides of natural light, openable windows and terraces.
Placed in Melbourne's city fringes most bustling and amenity filled suburb, this asset is well serviced by public transport options with tram route 58 , a further 600 car spaces within the "Care Park" opposite the property, within walking distance to Toorak Road, Chapel Street and the Yarra River, you will also be surrounded by world class retail, dining and lifestyle amenity to cater for your every need.

- Leased to prominent property development company Viapac Group.
- Income of $225,000.00 net p.a.
- New three (3) year lease.

- Meticulously designed total area of 494sqm*.
- Interconnected by internal stairwell and lift access.
- Ground floor comprises 103sqm* with soaring 5 metre* ceilings and huge glass frontage.
- Multiple outdoor areas including open-air entertaining terraces.
- 3 secure on site undercover car parks.
- Opposite Care Park providing 600 car spaces.
- Substantial depreciation benefits.
- Outstanding public transport options with proximity to multiple tram routes and South Yarra train station.

POINT OF VIEW:
Amidst the South Yarra backdrop, this inner city investment is a jackpot.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyViapac Group
Lease TermThree (3) years
Commenced03.08.2022
Rent Review3%
Outgoings PayableBy tenant as per lease
Age2 years old
Air ConditionerYes
AvailabilityNegotiable
Car Parking FeesNA
Car Spaces3 on-site
ConditionExcellent
FloorsPolished Concrete / carpet
LiftsYes
Roller DoorsN/A
Wheel Chair AccessYes
ZoningActivity Centre Zone (ACZ1)
Outgoings
Owners’ CorporationTBC
Council RatesTBC
Water RatesTBC
Land TaxTBC
Essential Safety MeasuresTBC
Agent Details
CVA Property Consultants - Daniel Philip

Daniel Philip

M | 0439 977 121
T | (03) 9623 2560
E | [email protected]

CVA Property Consultants - Ryan Milivojac

Ryan Milivojac

M | 0409 481 471
T | (03) 9623 2566
E | [email protected]

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