WHOLE FLOOR INVESTMENT WITH A 3141 POSTCODE.

For Sale – Leased Investment - 301/70 River Street, South Yarra

Investment opportunity, Offices

Overview
Property ID: 20103
Price: Contact Agent
Rent: $97,850 (ex. GST)
Building: 234m²
Zoning: Activity Centre Zone (ACZ1)
Description

POINT OF INTEREST:

While others are interested in the postcode, astute investors have recognised the seismic and strategic opportunity in seizing a long term tenanted whole floor investment.
Suite 301 comprises 234 sqm* and returns $97,850 per annum on a five year lease term to BWA Accountants and Advisors. And no one’s surprised why they’ve set up shop here. There is an open-air entertaining area, high bay windows and ceilings, lift access, and a contemporary design, but the most compelling unique selling point is what sits outside the office. River Street sits moments from Toorak Road, Chapel Street, and the Como Centre — pointing to an enviable work lifestyle where amenity is of the highest calibre. Parking is key with secure undercover car parking allocated, but across the road offers an additional 600 car spaces.

- Leased to BWA Accountants & Business Advisors
- $97,850.00 per annum
- 234 sqm* in total building area.
- 2 allocated car spaces.
- Mixed use building comprising 3 levels of office and 3 levels of high - end apartments.
- Substantial depreciation benefits.
- 150 m* to Chapel Street.

POINT OF VIEW:
South Yarra hasn’t stopped booming for a decade. And with a standard of office like this rivalling the premium location, there isn’t a more sound (or lucrative) move on the market.

*Approx.
Pricing excludes GST

Additional Info
Features
TenancyBWA Accountants
Lease TermFive ( 5 ) years
Commenced1st August 2022
Rent Review3%
Bond/Guarantees3 months rental
Outgoings PayableBy tenant as per lease
Agecirca 2020
Air ConditionerYes
AvailabilityNegotiable
Car Parking FeesNA
Car Spaces2 onsite
ConditionExcellent
FloorsPolished Concrete / carpet
LiftsYes
Roller DoorsYes. Garage
SprinklersYes
Wheel Chair AccessYes
ZoningActivity Centre Zone (ACZ1)
Outgoings
Owners’ Corporation$12,027.48
Building Insuranceincluded in owners corporation fee
Council Rates$5,984.65
Water Rates$561.16
Land Tax$3,215.00
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 - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]

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