Cushman & Wakefield Strata Markets is pleased to present for sale Level 4, 5 Claremont Street, South Yarra, a rare whole-floor office investment securely leased to two established technology businesses, delivering strong diversified income in one of Melbourne's most tightly held commercial precincts.
Key Investment Highlights
- Rare whole floor office investment comprising 522sqm* with an exceptional 12 on-title car parks, a scarce offering within South Yarra.
- Secure annual income of $333,941.38 pa + GST + Outgoings, fully leased to two established technology companies with recently renewed leases and further options.
- Strong tenant covenants anchored by Orikan Australia, an Australian-owned technology company who is the long-standing technology partner to the City of Stonnington.
- Leased Arrow Research Corporation, an software developer established in 1989, with more than 35 years of operating history.
- Light-filled office accommodation with a flexible whole-floor layout, complemented by separate kitchen and bathroom amenities, providing future leasing and owner-occupier flexibility.
- Positioned in the heart of South Yarra, only moments from Chapel Street and Toorak Road, surrounded by Melbourne's premier retail, dining and lifestyle amenity.
- Outstanding connectivity with South Yarra Railway Station within easy walking distance, tram routes along Toorak Road, and excellent access to Melbourne CBD and major arterial road networks.
For Sale by International Expressions of Interest closing Thursday 10 September 206 at 12pm (AEST). For more information, please contact Cushman & Wakefield Strata Markets as the exclusive selling agent.
Jack Cooper | +61 498 231 704
Valerie Tang 邓梓珊 | +61 421 271 215 | Wechat: Valerie_1999530
Leon Ma 马海翔 | +61 417 070 725 | Wechat: leon253856
*Approx
- Inner East Melbourne
