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Sold on 23 Sep 2019

Building One, 254 Wellington Road Mulgrave VIC 3170

  • Offices
  • 17,393 m²
  • Sold

BRAND NEW STATE-OF-THE-ART 8 LEVEL OFFICE INVESTMENT

  • 63.4% PRE-COMMITTED TO GLOBAL TENANT
  • SIGNIFICANT DEPRECIATION ALLOWANCES
  • HIGH QUALITY BUSINESS PARK LOCATION

A brand new purpose built office asset, due for completion May 2020*

State-of-the-art building to provide a ground floor café, 17,393sqm* of Net Lettable Area over eight levels, end of trip facilities and multi-level carpark for 913 vehicles

Projected fully leased net income of $6,144,884 p.a*

Substantial corner site of 11,113 sqm* situated in Melbournes burgeoning suburban office market, in the highly sought after Monash Technology Precinct

63.4% pre-committed to a highly recognisable global tenant for a term of 10 years plus significant depreciation allowances

Excellent access to major arterials including Eastlink and the Monash Freeway

For Sale by International Expressions of Interest closing Thursday 4th July 2019 at 4:00pm (AEST)

*approx

Property Highlights

Property ID2015324816
Date Sold23 Sep 2019
Floor Area17,393 m²
Land Area1.11 ha
EnergyAsk Agent
Parking913 x Onsite parkings
Building TypeWhole building
Category
Last updated  9 Aug 2019
Map for Building One, 254 Wellington Road Mulgrave VIC 3170
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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