BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Secure Inner City Office Investment with Significant Long Term Development Potential\nKnight Frank is pleased to present 615 Dandenong Ro ad\, Armadale\, a modern three level office building delivering secure inc ome today and substantial long term development upside within one of Melbo urne's most affluent and tightly held inner southeastern precincts.\n\nKEY DETAILS:\n 100% leased with diversified income and WALE of 2.9 years\n Cu rrent Net Passing Income: of $1\,553\,937 per annum plus GST and outgoings \n 75 car parks across two levels of secure basement parking\n Significant recent capital investment reducing near term capex\n Natural light to thr ee sides with excellent outlooks and views\n Major long term development u pside with potential for up to 8 levels (STCA)\n 1\,399 sqm Commercial 1 Z oned corner site within the Malvern Station Activity Centre\n 4.0 Stars NA BERS Energy Rating\n\nSuperbly positioned at the junction of Dandenong Roa d and Glenferrie Road\, the property is surrounded by premium retail\, hos pitality and transport amenity including Malvern Station\, Malvern Central and Glenferrie Road's seven-day precinct\, underpinning strong tenant ret ention and long-term redevelopment feasibility.\n\nThe asset occupies a pr ominent 1\,399 sqm Commercial 1 Zoned corner site\, providing rare future optionality including potential for up to 8 levels (STCA) under the Victor ian. \n\n615 Dandenong Road is offered for sale by Expressions of Interest closing Friday 9 October at 12pm.\n\nPlease contact the Exclusive Agents below:\n\nTom Ryan: 0419 786 244\nTrent Preece: 0400 504 300 DTEND:20261009T120000 DTSTAMP:20260902T075251Z DTSTART:20261009T120000 SEQUENCE:0 SUMMARY:Expression Of Interest: 615 Dandenong Road\, Armadale VIC UID:CRE-2021123151-EOI X-ALT-DESC;FMTTYPE=text/html:

Secure Inner City Office Investment w ith Significant Long Term Development Potential
Knight Frank is plea sed to present 615 Dandenong Road\, Armadale\, a modern three level office building delivering secure income today and substantial long term develop ment upside within one of Melbourne's most affluent and tightly held inner southeastern precincts.

KEY DETAILS:
100% leased with diversified income and WALE of 2.9 years
Current Net Passing Incom e: of $1\,553\,937 per annum plus GST and outgoings
75 car parks ac ross two levels of secure basement parking
Significant recent capit al investment reducing near term capex
Natural light to three sides with excellent outlooks and views
Major long term development upsi de with potential for up to 8 levels (STCA)
1\,399 sqm Commercial 1 Zoned corner site within the Malvern Station Activity Centre
4.0 S tars NABERS Energy Rating

Superbly positioned at the junction of Dandenong Road and Glenferrie Road\, the property is surrounded by pre mium retail\, hospitality and transport amenity including Malvern Station\ , Malvern Central and Glenferrie Road's seven-day precinct\, underpinning strong tenant retention and long-term redevelopment feasibility.
The asset occupies a prominent 1\,399 sqm Commercial 1 Zoned corner si te\, providing rare future optionality including potential for up to 8 lev els (STCA) under the Victorian.

615 Dandenong Road is offere d for sale by Expressions of Interest closing Friday 9 October at 12pm.
Please contact the Exclusive Agents below:

Tom Rya n: 0419 786 244
Trent Preece: 0400 504 300

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