12 Parkhill Road,
Kew, VIC 3101

GormanKelly is pleased to offer 12 Parkhill Road, Kew for sale via public auction on the 28th July 2011 at 3pm.

The property comprises a prominent 180m2 standalone corner single level office building located within a well regarded office precinct on a 371m2 Business 2 zoned site with four onsite carparks. The property is leased to the Terrain Consulting Group for $56,331 per annum plus GST and outgoings for 3 years from June 2011 with annual 4% reviews and no further options and would be suitable for both investors or owner occupiers and could be further extended or redeveloped (STCA). Internally, the building comprises a combination of partitioned offices and open plan work spaces with good natural light and outlook with amenities and kitchen to the rear of the building plus rear laneway and storage shed.

The property is situated on the southern side of Parkhill Road on the corner of Ridgeway Avenue approx 8 km east of the Melbourne CBD with bus and tram services immediately at the front of High Street. The property is a short walk from Kew Junction, where there are various cafes, restaurants and fashion retailers together with a Woolworth's supermarket. The Kew Recreation Centre and pool is located directly opposite the property. High Street provides prompt access to the CBD via Kew Junction and Studley Park Road and the Eastern Freeway is also within close proximity.