Colliers International and Gorman Kelly are delighted to offer this exceptional three level office building at 1911 Malvern Road, Malvern East for sale by Public Auction.
The property is located in the heart of one of Melbourne’s most prestigious and sought after suburbs, Malvern East. The property is approximately 11km from the Melbourne CBD and has virtually immediate access to public transport (Darling Train Station), major arterials (Monash Freeway & Dandenong Road), retail amenity as well as a number of parklands and recreational facilities.
Currently 100% leased, the building is returning approximately $717,091 per annum with potential future rental reversion prospects. The varying lease expiries also provide a potential owner occupier opportunity.
The key features of this outstanding property are:
- Attractive office space totalling 2,315sqm of lettable area (approx.)
- High car parking ratio, 87 spaces
- Two well established office tenants; Ultradata & TAG Financial Services
- Rooftop telecommunications income from Telstra
- Passing office rents arguably below market
- Superb natural light from windows on all 4 sides ofRead more 翻译中文