SUITE 2/204 TOORAK ROAD SOUTH YARRA
FOR PRIVATE SALE
SUITE 2/204 TOORAK ROAD SOUTH YARRA
CONTENTS 04
INTRODUCTION
06
EXECUTIVE SUMMARY
08
LOCATION
12
SUBURB PROFILE
14
TENANCY DETAILS
16
PROPERTY PARTICULARS
17
FLOOR PLAN
18
SALE METHOD
3
INTRODUCTION 4
Aston Commercial are pleased to offer Suite 2, 204 Toorak Road, South Yarra for Private Sale.
This leased first floor corner office investment provides an outstanding opportunity for investors looking to purchase a secure tenancy.
The property is also strengthened by its prime city fringe location opposite South Yarra Railway Station and five secure basement car spaces.
Benefiting from a modern high-end fit-out and amenities it boasts views overlooking Toorak
Aston Commercial highly recommends this investment to add or begin your property portfolio.
Road and South Yarra station.
5
EXECUTIVE SUMMARY
SUITE 2/204 TOORAK ROAD SOUTH YARRA Well presented refurbished office comprising open plan workstations, boardroom, private office spaces and staff amenities.
LOCATION
LEASE DETAILS
Located just 4km’s south-east of Melbourne’s CBD and a short distance to renowned shopping mecca Chapel Street.
Currently leased on a Five (5) year lease with further option at a rental of $79,567.50 pa*
BUILDING AREA
ZONING
200 sqm* Plus Five (5) secure car spaces
ACZ - Activity Centre Zone - Schedule 1
METHOD OF SALE
TERMS OF SALE
For Private Sale
10% deposit with the balance payable in 60-90 days *approx.
EXCLUSIVE SELLING AGENTS
6
Liam Rafferty
Fred Nucara
Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au
Director 0418 567 560 fred@astoncommercial.com.au
LOCATION
Situated in the heart of South Yarra the area is well known for its prominent retail precincts along Chapel Street & Toorak Road. Major shopping hubs in this area include: Jam Factory Prahran Market Como Centre Capitol Grand
With a tram on its doorstep and South Yarra Train Station across the road, access around the area and across Melbourne could not be any easier. South Yarra Station Tram Route 58 & 78 M1 Monash Freeway Punt Road
South Yarra is home to iconic Restaurants and Bars. Bar Carolina France-Soir Arcadia Hotel Meat & Wine Col Two Wrongs Cosi Bar & Ristorante
Positioned in close proximity to some of Melbourne’s most iconic parks and gardens. Botanical Gardens Fawkner Park Yarra River Como Park
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OUTSTANDING CITY FRINGE
INVESTMENT
SUBURB PROFILE
SOUTH YARRA 3141
South Yarra is a great suburb that is perfectly situated just out of the CBD. In a way it offers the neighbourhood environment that outer suburbs do, but it also allows you to be in a great proximity to things going on and central to whatever you need.
12
With public transport in abundance with
From here you can walk to some of
train stations and trams servicing all
Melbourne’s finest spots, the Yarra River,
areas and who wouldn’t love living in
the Botanical Gardens, Fed Square, the
the centre of Melbourne’s best shopping,
city, Southbank and more. Dine on street,
best restaurants, best night life and
people watch, enjoy fashion, glamour and
entertainment.
style all day, every day, all year round.
TENANCY DETAILS OVERVIEW OF TENANT Erilyan brings together a combined 66 years of experience in the commercial construction sector. We are licensed in QLD, ACT, VIC, SA, NSW and TAS, with offices in Melbourne and Sydney. Erilyan complete work in the $500k – $75 million range. Erilyan have been rewarded with an extensive portfolio of completed projects. With direct management of projects totalling $600 million, Erilyan have a proven track record in successful project delivery and the ability to support clients achieve their corporate objectives. Our skillset is working for educated clients on technically challenging projects. We differentiate ourselves from the market with our realistic approach to budgets, programmes and through our transparent approach. www.erilyan.com.au
TENANCY DETAILS The property is being sold subject to a lease summarised as follows:
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Tenant
Erilyan Projects Pty Ltd
Current Rent
$79,567.50 pa + GST
Lease Term
Five (5) Years
Commencement Date
9th September 2019
Options
One (1) further term of Five (5) years
Rent Reviews
3% annually with a market review at the exercise of option
Outgoings
Paid by tenant
Security
Equal to 3 months rent plus GST
PROPERTY PARTICULARS
TITLE PARTICULARS
BUILDING IMPROVEMENTS
Volume: 09729 Folio: 300 Lot 75 on Plan of Subdivision 016950
The tenancy is beautifully presented with following spaces:
Total Building Area: 200 square metres*
PARKING The property comes with Five (5) secure basement car parks.
ZONING Under the Stonnington City Council Planning Scheme the land is zoned ACZ - Activity Centre Zone - Schedule 1.
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*approx.
• • • • • •
Open Plan workstations Male / Female Bathrooms Staff Kitchen Boardroom Private Offices Private Balcony
FLOOR PLAN
SUITE 2/204 TOORAK ROAD SOUTH YARRA
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EXECUTIVE SUMMARY
SUITE 2/204 TOORAK ROAD SOUTH YARRA METHOD OF SALE
TERMS OF SALE
For Private Sale
10% deposit with the balance payable in 60-90 days.
INSPECTIONS
CONTRACT OF SALE & VENDORS STATEMENT
Strictly by private appointment with the exclusive selling agents.
Available upon request.
EXCLUSIVE SELLING AGENTS
18
Liam Rafferty
Fred Nucara
Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au
Director 0418 567 560 fred@astoncommercial.com.au
DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate