312 waverley road, Malvern East, VIC 3145

Offices | Other

Leased

  • Property ID: 432446
  • Floor Area: 150m²
  • Land Area: 300m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased 14/12/2023 150m2 300m2 N/A
Brilliant commercial lease opportunity for architects / designers/ creative consultants/business consultants

Phone enquiries - please quote property ID 30941.

BRILLIANT COMMERCIAL BUILDING LEASE OPPORTUNITY

Seldom does an opportunity like this present itself... for lease is a double-story building in Malvern East that will perfectly suit an architecture or creative consultancy as well as business consultants.

Leasing this building would save a business considerable time, outlay, and hassle associated with setting up a new commercial office space.

Given the multiple improvements to the building, this lease offers exceptional value compared with commercial properties of similar size. The building is located in Waverley Road with a tram line immediately out front, and amidst cafes and other local businesses. It offers great street frontage and opportunities for signage and business branding. Enjoy a landscaped courtyard and car space for 4 vehicles.

THE BUILDING

Two-story commercial building painted inside and out, carpeted and rewired in 2019.

Downstairs:
* Large front room filled with natural light- large space currently used for 5 staff but could easily accommodate more.
* Dedicated 4-island design desk, hardwired.
* Additional meeting room downstairs
* Storage room
* Kitchenette with dishwasher
* Outdoor bathroom
* Heating/cooling for downstairs office area.

Upstairs:
* Upstairs director’s office with an abundance of natural light. Director’s oak desk with hard-wired desk, Planex storage sideboards, TV for presentations
* Central room that can easily accommodate 4 desks or be a board room/meeting room
* Third smaller office
* Bathroom including shower upstairs, single toilet downstairs
* Separate heating/cooling system upstairs

Plus the following:
* VOIP Phone system cabled through the building and to workstations
* All new light fittings including architectural fittings
* NBN to building with Wi-Fi boosters throughout
* Off-street parking for 4 cars & additional side street offer all day unlimited parking for staff and clients
* Rear landscaped courtyard for staff enjoyment

DETAILS OF LEASE

Current rental is $3824 + GST plus outgoings
The lease is currently in the 4th of the five-year term.
The current lease term runs until July 2024 with the option to renew a 5 + 5-year term or negotiate new terms at that time.
(Or secure this office for tenancy as a short-term rental solution through July 2024)

The current tenant has downsized and relocated to country Victoria which is why we are looking to transfer the commercial lease to another business.


FIXTURES AND FITTINGS

Office furniture, shelving, printers, phone systems, server rack cabinets and more will be available for discounted bulk purchase. If the new tenant does not wish to purchase these, they will be removed from the building prior to a new tenant moving in.

CONTACT AND INSPECTION

Contact us for more information and an inspection of the building.

Important note: the applicant will require the approval from agent/ landlord for the transfer of the lease.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Malvern East Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $6448 $133 2.07%
Offices --- $133 ---
This is the average advertised price, rent and yield for Malvern East, VIC 3145*

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:

  • 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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×