CBRE in conjunction with Gorman Commercial are pleased to offer for sale 31 Vision Drive, Burwood East.
Fully leased to the Commonwealth of Australia and utilised as the National Archives of Australia the property is located within the Tally Ho Business Park precinct, home to a number of International, national, Government essential service and tech occupiers. 31 Vision Drive comprises of an exceptionally maintained commercial building with two levels of office and three levels of temperature-controlled document and archival storage accommodation.
Key Benefits of the offering include:-
- 100% leased to the Commonwealth of Australia on a new 5-year lease, plus 4-year option
- Net annual income of $2,366,862 per annum (plus GST and outgoings inc land tax)
- Substantial land holding of 11,860sqm* with a highly flexible Commercial 1 zoning
- Exceptionally maintained commercial building of 6,432sqm*
- Long standing tenant in occupation for over 30 years*
With immediate tram and bus services it is strategically positioned off Springvale Road, near the corner of Burwood Highway, and is easily accessible from all directions with its close proximity to the Monash Freeway, Eastlink and Citylink. The property is within a short distance to a number of major shopping centres (Burwood One & The Glen) as well as popular culinary destinations and entertainment precincts in nearby Glen Waverley and surrounds.
For sale by Expressions of Interest closing the Friday the 14th of June at 12pm.
For further information or to arrange an inspection please contact the exclusive selling agents.
CBRE:
Scott Orchard: +61 425 760 712
Tom Ryan: +61 419 786 244
Gorman Commercial:
Peter Bremner: +61 412 326 942
Jonathon McCormack: +61 418 835 885
*Approximately
