Suite 608, 10 Yarra Street,
South Yarra, VIC 3141
Offices
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Map of Suite 608, 10 Yarra Street
Outstanding South Yarra Office Investment
- Secure lease to national tenant
- Area: 55m2 fully-fitted office suite
- 5 + 5 year lease commenced 1 April 2007
- 4% annual increases
Invest in South Yarra's booming commercial precinct by acquiring this small suite in a premium new building. Securely leased to Walton Construction on a 5 + 5 year lease, which commenced on 1 April 2007, the tenant has provided a director's guarantee as well as a security deposit. The lease contains fixed 4% annual increases, with a market review at the commencement of the second term.
The current rent is $20,800 pa + GST, with the tenant responsible for all outgoings. The suite is also complemented by two (2) basement car parks.
It is one of the only suites available for sale in this impressive building, which boasts the head offices of Walton Construction & Umow Lai Architects. There are well-appointed kitchen facilities and toilets (one with shower) in the lift lobby of the floor.
The area adjacent to South Yarra train station (commonly known as Forrest Hill precinct) has undergone significant redevelopment in recent years, with further major projects in the pipeline. This has made the precinct very popular with office users and provides great scope for future capital growth from an investor's perspective.
This suite offers an ideal opportunity for an investor to gain exposure to a burgeoning suburban office market, which enjoys fantastic amenity (Toorak Rd/Chapel St cafes) and proximity to transport (rail system & CityLink).
The building is located on the eastern side of Yarra Street, in between Toorak Road and Alexandra Avenue, South Yarra.
It enjoys close proximity to public transport, CityLink freeway network, Chapel Street, Yarra parkland and Church Street, Richmond.
Call grayjohnson to discuss this property in detail or your requirement in general. If this office does not suit, we are sure to be able to assist you with something that will.
*Note: Adjoining suite (suite 601) is also available for sale, fully-furnished with vacant possession. Previously leased at $66,000 pa.
- Area: 55m2 fully-fitted office suite
- 5 + 5 year lease commenced 1 April 2007
- 4% annual increases
Invest in South Yarra's booming commercial precinct by acquiring this small suite in a premium new building. Securely leased to Walton Construction on a 5 + 5 year lease, which commenced on 1 April 2007, the tenant has provided a director's guarantee as well as a security deposit. The lease contains fixed 4% annual increases, with a market review at the commencement of the second term.
The current rent is $20,800 pa + GST, with the tenant responsible for all outgoings. The suite is also complemented by two (2) basement car parks.
It is one of the only suites available for sale in this impressive building, which boasts the head offices of Walton Construction & Umow Lai Architects. There are well-appointed kitchen facilities and toilets (one with shower) in the lift lobby of the floor.
The area adjacent to South Yarra train station (commonly known as Forrest Hill precinct) has undergone significant redevelopment in recent years, with further major projects in the pipeline. This has made the precinct very popular with office users and provides great scope for future capital growth from an investor's perspective.
This suite offers an ideal opportunity for an investor to gain exposure to a burgeoning suburban office market, which enjoys fantastic amenity (Toorak Rd/Chapel St cafes) and proximity to transport (rail system & CityLink).
The building is located on the eastern side of Yarra Street, in between Toorak Road and Alexandra Avenue, South Yarra.
It enjoys close proximity to public transport, CityLink freeway network, Chapel Street, Yarra parkland and Church Street, Richmond.
Call grayjohnson to discuss this property in detail or your requirement in general. If this office does not suit, we are sure to be able to assist you with something that will.
*Note: Adjoining suite (suite 601) is also available for sale, fully-furnished with vacant possession. Previously leased at $66,000 pa.
Property ID: 5506850Last Updated: 5 Dec 2013
04185437...
Suite 608, 10 Yarra Street
South Yarra, VIC 3141
Gray Johnson - Melbourne30 Collins Street.
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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