This modern 3,126 sqm* office investment opportunity owned by a fund managed by Trilogy Funds is fully leased to blue-chip long-standing building tenants Costa and Bolton Clark with a current net income of $943,652 per annum* (+GST). It sits on a significant land parcel of 8,291 sqm* and has a generous carparking tally of 236 spaces.
Quinn Reynolds Property’s Director Marcus Quinn comments: “This investment is going to appeal to a wide range of buyers given it has had such a good history of occupancy, its modern presentation and the fact it is positioned in a massive growth area of Melbourne. The property is distinctive on Robinsons Road and a standout in regard to office accommodation in the West of Melbourne.”
"Office investment opportunities are very tightly held in metropolitan Melbourne. Those built in the last 15 years are easy to maintain and generally the most sought after," commented Julian Heatherich, Director of Savills Victoria.
"As we emerge from lockdown and the balance between working in the office and working from home normalises, we anticipate offices in the outer suburbs will appeal to those tenants seeking locations close towhere their employees reside.”
“This property fits that bill and it currently has very few competing properties in the area."
The property is available for Expressions of Interest closing on 26 November at 12 noon.
*Approx.