700 Springvale Rd, 700 Springvale Road, Mulgrave, VIC, 3170

JLL Office Investments have the exclusive privilege of offering for sale 700 Springvale Road, Mulgrave – one of Monash’s finest office investments positioned within one of Australia’s fastest growing precincts, the Monash Employment and Innovation Cluster.

Key details of the opportunity include:

The Fundamentals

+ One of Monash’s finest commercial buildings

+ 89%* leased with a strong history of high occupancy

+ Leased to Government and National corporate tenants

+ Fully refurbished with low capital expenditure requirements

+ Estimated fully leased net income $2,570,643p.a.

+ Excellent car parking provisions – 344* secure basement and at grade carparks (1:17sqm)

+ Super high-profile landholding with future expansion potential

+ 4 Star NABERS Energy Rating

A Gateway Monash Location

+ A significant site positioned within the Monash Employment and Innovation Cluster – one of the largest concentration of skilled workers outside of the Melbourne CBD

+ Situated within immediate proximity to the recently completed $557m Victorian Heart Hospital, Monash University, M-City Shopping Centre and more

+ Mulgrave is the strategic headquarters for numerous national companies, including BMW, Nissan, Mercedes Benz and many more

+ Ideally poised to benefit from the $3.6bn Suburban Rail Loop (SRL) project that will deliver new train stations in Monash, Clayton and Glen Waverley

*Approx.

700 Springvale Road, Mulgrave is For Sale by International Expressions of closing Wednesday 13 November 2024 at 2pm (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agent.

Tim Carr | 0415 767 915

Josh Rutman | 0411 27 37 46

MingXuan Li 李名轩 | 0498 688 998

89% Leased to Govt & National Tenants

Fully Refurbished & 344 Carparks

Monash Innovation Cluster Precinct

Remember to mention you found this property on CommercialReady