425-427 Riversdale Road,
Hawthorn East, VIC 3123

Quality corner standalone corporate office of 1,179m2 approx comprising a combination of open plan and partitioned work spaces and meeting rooms over two levels. Each level of the building is fully self-contained with kitchen and amenities and front and rear stair access. The ground floor tenancy also has a second direct street entry from Riversdale Road. The accommodation provides an abundance of natural light throughout filtering through large windows to three sides of the building. The property is leased until 30th October 2011 and currently returning $345,769 per annum net plus outgoings and GST and the tenant will vacate on this date allowing for vacant possession. The building is suitable for owner occupiers, investors and developers.

The property is held in two separate certificates of title with a total land area of 1,059m2 approx and benefits from three street frontages with the rear title on the corner of Russell Street and Council Street comprising 23 carparks. There are a further 7 carparks located to the rear of the building and direct rear access is provided to the building from the carpark.

A rare opportunity to secure a standalone office building within a fantastic location.

The property is situated on the prominent north-east corner of Riversdale and Russell Street, as well as on the south eastern corner of Russell and Council St within the sought after area of commercial and office properties. The property is located within a retail/commercial strip on the fringe of Camberwell Junction. Furthermore the property is in close proximity to the following facilities: Metres from the extensive retail services and amenities offered at Camberwell Junction including shops, cafes, restaurants, banks, newsagent, pharmacies, Safeway Supermarket, the Camberwell Market and Target. The property also provides easy access to all major arterials including City link and East Link.