WELL195_Unit 16 - Information Memorandum - Private Sale

Page 1


Crabtrees Real Estate are pleased to o er this secure o ce investment for Private Sale.

Situated within Building 3 at Unipark, Suite 16 is located on Level 1 and is approximately 231 sqm and is currently returning $69,300 pa net.

“Info Access Group Pty Ltd” have been in occupation since 2021 and extended their lease for another two years.

EXCLUSIVE SELLING AGENTS:

CHRIS MCKENZIE Partner 0418 321 065 chris@crabtrees.com.au

ELISE BETTS Director | Sales & Leasing 0407 864 319 elise@crabtrees.com.au

Executive Summary

PROPERTY ADDRESS Unit 16/195 Wellington Road, Clayton VIC 3168

METHOD OF SALE Private Sale

PROPERTY OVERVIEW

BUILDING AREA

LAND & TITLE PARTICULARS

ZONING

Rare investment opportunity to acquire a commercial asset within Unipark in the heart of Clayton.

231 sqm*

Lot 16 on Plan of Subdivision 537357M. Volume 09712 Folio 857

The Title and site plan is included in Appendix 1

The land is zoned Special Use Zone 6 under the City of Monash allowing for a broad range of potential uses.

TENANT Info Access Group Pty Ltd

RENT

TERMS OF SALE

$69,300 per annum plus GST & Outgoings

10% deposit payable with full settlement payable either 30, 60 or 90 days.

*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.

Property Overview

OFFICE INVESTMENT

Unipark was constructed in 2008 and was designed to suit a variety of sized businesses within a campus style setting.

Unipark is within walking distance to Monash University and provides exceptional connectivity to greater Melbourne with immediate access to Wellington Road and via major arterials Monash Freeway, Princess highway and Eastlink.

Suite 16 is located on Level 1 and offers terrific natural light throughout with floor to ceiling height windows. The fit-out is a combination of partitioned offices, meeting rooms and open plan layout with workstations. There is an eight-person boardroom and kitchen amenities.

The property comes with twelve (12) onsite allocated carparks on title being nine (9) on-grade bays and three (3) basement bays.

*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.

Lease Summary

THE SUBJECT PROPERTY IS LEASED ON THE FOLLOWING BASIS:

TENANT

LEASE COMMENCEMENT

ANNUAL RENT

Info Access Group Pty Ltd

17th May 2024

$69,300 per annum plus GST & Outgoings

LEASE TERM Two (2) years

FURTHER TERM No further options

RENTAL REVIEWS Annual 3% increases

SECURITY Equivalent to two (2) months gross rent plus GST

Location

The subject property is located in Clayton one of South Eastern Metropolitan Melbourne’s most recognisable commercial locations.

The subject property is located in Unipark which was constructed in 2008 and was designed to suit a variety of sized businesses within a campus style setting and features two (2) onsite cafés, is within walking distance to Monash University and provides exception connectivity to greater Melbourne with immediate access to Wellington Road and via major arterials Monash Freeway, Princess highway and Eastlink.

Clayton is a well-established and tightly held commercial and industrial precinct located approximately 20 kilometres south-east of Melbourne’s Central Business District.

The property is located within the Monash National Employment and Innovation Precinct which has Melbourne’s largest concentration of jobs outside the CBD and is well positioned to grow jobs close to where people live.

It supports approximately 75,000 jobs across a diverse range of industries and contributes over $9.4 billion to the Victorian economy each year.

M-City Shopping Centre is located approximately 1.5km from the subject property, the largest mixed use development in Melbourne. With 3 residential towers, a PARKROYAL Hotel, retail precinct and o ce space, this diverse o ering attracts people from near and far.

Furthermore, Springvale Homemaker Centre is located approximately 2.3km from the subject property, a onestop shopping experience for inspired and improved living. With 27 specialty stores including Harvey Norman, Domayne, Adairs, Nick Scali, JB Hi-Fi and Forty Winks, it’s the place to go for a big choice of quality furniture, homewares, bedding, electrical and more.

Zoning

The subject properties are zoned Special Use Zone 6 under the City of Monash Planning Scheme, according to the most recent Victorian zoning information available allowing for a broad range of uses.

Method of Sale

Private Sale

Unit 16/195 Wellington Road, Clayton is being offered for Private Sale.

To arrange a private inspection please contact the exclusive selling agents.

Chris McKenzie on 0418 321 065

Elise Betts on 0407 864 319

The property is o ered for sale on the basis of:

of the agreed purchase price payable upon signing the Contracts of Sale.

The Vendor will require full settlement of the sale upon 30, 60 or 90 days from date of Exchange of Contracts.

Annexure 1

Title & Plan of

Subdivision

Copyright State of Victoria. No part of this publication may be reproduced except as permitted by the Copyright Act 1968 (Cth), to comply with a statutory requirement or pursuant to a written agreement. The information is only valid at the time and in the form obtained from the LANDATA REGD TM System. None of the State of Victoria, its agents or contractors, accepts responsibility for any subsequent publication or reproduction of the information.

The Victorian Government acknowledges the Traditional Owners of Victoria and pays respects to their ongoing connection to their Country, History and Culture. The Victorian Government extends this respect to their Elders, past, present and emerging.

REGISTER SEARCH STATEMENT (Title Search) Transfer of Land Act 1958

VOLUME 11067 FOLIO 658

LAND DESCRIPTION

Lot 16 on Plan of Subdivision 537357M.

PARENT TITLE Volume 09712 Folio 857

Created by instrument PS537357M 12/05/2008

REGISTERED PROPRIETOR

Estate Fee Simple

Sole Proprietor

Security no : 124117284697M

Produced 08/08/2024 03:58 PM

AUSTRALIAN AUTOMOTIVE AFTERMARKET ASSOCIATION LTD of SUITE 5 622 FERNTREE GULLY ROAD MULGRAVE VIC 3170 AH024725M 09/02/2010

ENCUMBRANCES, CAVEATS AND NOTICES

COVENANT AH024725M 09/02/2010

Any encumbrances created by Section 98 Transfer of Land Act 1958 or Section 24 Subdivision Act 1988 and any other encumbrances shown or entered on the plan set out under DIAGRAM LOCATION below.

DIAGRAM LOCATION

SEE PS537357M FOR FURTHER DETAILS AND BOUNDARIES

ACTIVITY IN THE LAST 125 DAYS

NIL

------------------------END OF REGISTER SEARCH STATEMENT------------------------

Additional information: (not part of the Register Search Statement)

Street Address: "BUILDING 3" SUITE 16 195 WELLINGTON ROAD CLAYTON VIC 3168

OWNERS CORPORATIONS

The land in this folio is affected by OWNERS CORPORATION 1 PLAN NO. PS537357M OWNERS CORPORATION 3 PLAN NO. PS537357M OWNERS CORPORATION 5 PLAN NO. PS537357M

DOCUMENT END

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