South Melbourne Median PriceThe House price is 9% lower than last year. Surrounding suburbs | A21 Yarra Place, South Melbourne | Sold $550,000 in Nov 2006 [Rectify] | Last Sold $300,000 in Aug 2001 | Commercial Property | Land size: 166 sqm | Building size: 495 sqm [Measure] | Agent: Savills - Melbourne | Distance: 1.9 km to CBD; 1.6 km to Wright Station [Transport] |
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Map | Nearby prices | Property Description: | Savills is delighted to offer for sale this cutting edge office building located at 21 Yarra Place, South Melbourne, that presents immaculately throughout. This striking four level office building is fully leased to a high quality tenant and is ideally located in the heart of South Melbourne, close to Southbank and Melbourne’s CBD and presenting an outstanding investment opportunity. The key attributes of the property include: - A stunning state-of-the-art 4 level office building designed by Hayball Architects - Exceptional natural light and views to the CBD - Fully leased to acclaimed agency “Caramel Creative” - New 5+5+5 year lease from August 2016 - Absolute prime location within South Melbourne Village opposite St Ali - Secure car parking for 8 vehicles - Current Net Rental: $168,000 per annum* (with strong rental growth potential) - Abundant local retail and lifestyle amenity, public transport and only 1km to the CBD The opportunity to secure a high calibre asset of this nature is very rare, especially when you consider the prime location, the incredible quality of this building and the secure tenant with aRead more Lot/Plan No: 1/TP448139 | Planning History: | | [20 Jan 2003] Demolition of existing buildings and construction and use of three (3) storey offices and substation and seven (7) associated car parking spaces and part dispensation from car parking requirement from the Port Phillip Planning Scheme. | | [09 May 2007] Construct a four-storey building and use for offices, and reduce the number of car spaces required | | [30 Apr 2008] amendment to the plans to change the vehicle stacker specification, minor changes to the elevations, refurbish the internal layout and delete the roof top deck, and amend the permit by deleting Condition 1.(a); and amending Condition 1.(d) to include | Search neighbour's planning permit | Property report from Government |
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