3 Guest Street,
Hawthorn, VIC 3122

GormanKelly are delighted to present for your consideration an irreplaceable, blue chip office building located in one of Melbourne’s most affluent suburbs. Being a major commercial, retail, educational and lifestyle hub in Melbourne’s premier inner east, Hawthorn represents a magnificent securely leased office investment to long standing international firm.

Located in one of Melbourne’s most desirable suburbs, Hawthorn is recognised as a prestigious residential address. Ample amenity, quality educational institutions and excellent transport links have, in recent times, underpinned the development of a number of new residential projects.

- Immaculately presented freehold office building of 466m2*. with undercover and secure parking for 10 cars;
- Land area 527m2* / Zoned Commercial 1;
- Leased for 5 years to Vaisala Pty Ltd until August 2022 with no further option;
- Vaisala are global leaders in weather forecasting, environmental and industrial measurement. The company originated in the 1930’s and today employs 1600 people in 10 different countries and exports their product to 150 countries;
- Vaisala have been in occupation since 1996 and are subsidiary of a public company;
- Current passing rent of $161,400 pa net plus GST( rental increase due on the 15th August 2018);
- Outgoings including Land Tax paid by the tenant;
- City of Boroondara planning scheme (DD012-4B) that allows for building height of 18 metres * source: www.land.vic.gov.au;
- Located within the heart of Hawthorn’s office and lifestyle precinct and only moments from the Glenferrie Retail Precinct;
- Walk to Glenferrie train station and various tram lines.