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31 Vision Drive
Burwood East VIC 3151
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Sold on 18 Oct 2024

31 Vision Drive Burwood East VIC 3151

  • Offices
  • 6,432 m²
  • Sold

Federal Government Investment Opportunity National Archives of Australia

  • Brand new five-year lease with option
  • Longstanding tenant of 30 years*
  • 11,680sqm* land - Commercial 1 Zoning

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
Will Heffernan: +61 400 917 179

Gorman Commercial:
Peter Bremner: +61 412 326 942
Jonathon McCormack: +61 418 835 885

*Approximately

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold18 Oct 2024
Floor Area6,432 m²
Land Area1.19 ha
EnergyAsk Agent
Parking20 x Onsite parkings
Property ID2019250942
Category
Last updated  17 Oct 2024
Map for 31 Vision Drive Burwood East VIC 3151
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold18 Oct 2024
Floor Area6,432 m²
Land Area1.19 ha
EnergyAsk Agent
Parking20 x Onsite parkings
Property ID2019250942
Category
Last updated  17 Oct 2024

More about 31 Vision Drive Burwood East VIC 3151

31 Vision Drive Burwood East VIC 3151 is categorized as Office. It has a floor area of 6,432 m². There are 20 x onsite parkings.The listing ID for this property is 2019250942.

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