101, 70-72 River Street, South Yarra, VIC 3141

Offices | Retail

Leased

  • Property ID: 412549
  • Floor Area: 494m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
101 Leased 21/08/2023 494m2 N/A Contact Agent
SOUTH YARRA'S FINEST

POINT OF INTEREST:

Available for Sale or Lease and positioned in one Melbourne's most affluent suburbs, this premium A grade commercial building is South Yarra's finest example of office accommodation.
Comprising a lavish independent ground floor entrance of 103 sqm* with soaring 5 metre* high ceilings and high bay windows, this property is further complemented by a whole first floor office featuring boardrooms & offices bathed in natural light, versatile open plan work areas, a comprehensive kitchen and breakout space, and multiple outdoor terrace and balcony areas. A design-focused fit out is apparent throughout both floors, ensuring the space will appeal to an array of occupiers.

An integral part of South Yarra's prestigious commercial and lifestyle appeal is its amenity. There is the high end retail along Chapel Street and Toorak Road, Como Centre and Capitol Grand, bustling hospitality with the majority of Melbourne's best restaurants all located in one precinct and of course the 10 minute commute to the CBD.

- Total building area of 494sqm*.
- Multiple outdoor areas including open-air entertaining terraces.
- Internal staircase and lift access.
- 3 secure on site undercover car parks.
- Opposite Care Park providing 600 car spaces.
- Substantial depreciation benefits.

POINT OF VIEW:
An opportunity to be a part of Melbourne's prestigious 3141 postcode.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Negotiable
  • Car Spaces: 3 on-site
  • Condition: Excellent
  • Air Conditioning: Yes
  • Floors: Polished Concrete / carpet
  • Lifts: Yes
  • Height: 5m* Ground floor
  • Age: 2 years old
  • Car Parking Fees: NA
Outgoings
  • Water Rates: $561.16
  • Land Tax: $3,215.00
  • Council Rates: $5,984.65
  • Owners Corp. / Insurance: $12,027.48
South Yarra Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $1097 ---
Offices $7860 $708 9.01%
Retail $6160 $438 7.12%
This is the average advertised price, rent and yield for South Yarra, VIC 3141*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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