A TROPHY SOUTH YARRA ASSET

For Sale – Vacant Possession - 101/70-72 River Street, South Yarra

Offices, Retail

Overview
Property ID: 19032
Price: Contact Agent
Building: 494m²
Zoning: Activity Centre Zone (ACZ1)
Attachments
Description

POINT OF INTEREST:

Positioned in one Melbourne's most affluent suburbs, this premium grade commercial building is South Yarra's finest example of boutique space.
Comprising a lavish independent ground floor entrance and working area with soaring 5 metre* ceilings and high bay windows, this property is further complemented by a whole first floor office featuring boardrooms & offices bathed in natural light, versatile open plan work areas, a comprehensive kitchen and breakout space, and multiple outdoor terrace areas. A design-focused fit out is apparent throughout both floors, ensuring the space will appeal to an array of occupiers.

An integral part of South Yarra's prestigious commercial and lifestyle appeal is its amenity. There is the high end retail along Chapel Street and Toorak Road, Como Centre and Capitol Grand, bustling hospitality with the majority of Melbourne's best restaurants all located in one precinct and of course the 10 minute commute to the CBD.

Currently available for sale with vacant possession or with the option of retaining the current occupier with a rental return of $225,000.00 net per annum for up to three years.

- Total building area of 494sqm*.
- Multiple outdoor areas including open-air entertaining terraces.
- Internal staircase and lift access.
- 3 secure on site undercover car parks.
- Opposite Care Park providing 600 car spaces.
- Substantial depreciation benefits.

POINT OF VIEW:
An opportunity to be a part of Melbourne's prestigious 3141 postcode.

*Approx.
Pricing excludes GST

Additional Info
Features
Age2 years old
Air ConditionerYes
AvailabilityNegotiable
Car Parking FeesNA
Car Spaces3 on-site
ConditionExcellent
FloorsPolished Concrete / carpet
Height5m* Ground floor
LiftsYes
Roller DoorsN/A
Wheel Chair AccessYes
ZoningActivity Centre Zone (ACZ1)
Outgoings
Owners’ Corporation$12,027.48
Council Rates$5,984.65
Water Rates$561.16
Land Tax$3,215.00
Essential Safety MeasuresTBC
Fire Service LevyTBC
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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