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Featured Property Geoff's Story

Commercial buyers

Circa: $3.5M

Tass Pattas

senior buyers' advocate

M 0417 808 077

Melbourne, VIC

BUYERS' AGENT COMMENTS

This National NFP client approached us because they needed a new Head Office near the Monash University campus and their current head office in Mulgrave did not meet their planned growth strategy expectations following an extensive root and branch review of their operations. Also, purchasing real estate assets was a non-core skill at Board level and this significant new investment also required that their existing premises in Mulgrave be sold. The “gap” as it were between buying and selling was a major factor around Board decision making and outcomes needed to be simple and logical. Following an extensive search of the Monash area we marketed our client brief to all the key commercial agents in the area and the subject property we landed on seemed to meet the brief. The property is a premium two-level office in Melbourne’s leading scientific & medical research precinct. This exceptional two-storey commercial office offers a total building area of approximately 952m², with prominent street frontage and 29 on-title car spaces including 9 under cover. Situated directly north of the Australian Synchrotron and Victoria’s Heart Hospital, and east of the Monash University Clayton Campus, this property represents an unparalleled opportunity within one of South-East Melbourne’s most sought-after commercial zones. Key Features: BOUGHT: $3,575,000 Total building area: 952m² approx. (can be leased as 1 or 2 separate tenancies given dual access) Ground Floor: 391m² First Floor: 561m² Impressive foyer with separate entries to the ground and first floors Prominent street frontage 29 car spaces on the title Only 700m from the upcoming Suburban Rail Loop Proximity to significant arterials: 1.17km to Monash Freeway 1.4km to Dandenong Road 18.8km to Melbourne CPD

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