+ New lease to Swinburne University (Administration Office)
+ Lease: Five (5) years (no option) from 1st August 2019
+ Income: $2,896,000* p.a net + GST (Land tax exemption) with strong 3.75% annual growth
+ Building area: 5,660sqm*
+ Land Area: 4,104sqm*
+ Future development upside in highly flexible Commercial 1 Zone
+ In the heart of highly acclaimed Glenferrie Road retail, hospitality and public transport precinct
+ Established commercial market close to Melbourne CBD, home to a variety of retail and corporate businesses, with historically low office vacancy rate experiencing strong rental growth
+ 4 Star NABERS Energy Rating
*Approx
CBRE Melbourne Middle Markets
Scott Orchard
+61 425 760 712
Josh Rutman
+61 499 881 202
Mark Wizel
+ 61 411 694 756
Gorman Commercial
Stephen Gorman
+61 418 321 828
Jonathon McCormack
+61 418 835 885