## Building 3, 570 Swan Street 

![](https://307queenst.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site/sites/default/files/styles/banner_small/public/2020-04/building-3-570-swan-st-richmond-vic-hero-4.jpg?itok=64Fg9Am1)

#  Building 3, 570 Swan Street

Richmond, VIC

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![](https://307queenst.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site/sites/default/files/styles/property_gallery/public/2023-02/B3-570-Swan-St-Richmond-VIC-Botanicca-3-aerial.jpg?h=bfc7a354&itok=mZeAyZgq)

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![](https://307queenst.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site/sites/default/files/styles/property_gallery/public/2020-04/building-3-570--swan-street-richmond-vic-6.jpg?h=bfc7a354&itok=JK_RjPoS)

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Sustainability ratings

5.5 stars

NABERS Energy

5.0 stars

NABERS Water

6.0 stars

NABERS Indoor

Location

The property is situated approximately five kilometres east of the Melbourne CBD within the Botanicca Corporate Park. Located next to the Yarra River Park precinct, and within close proximity to Melbourne's sports entertainment precinct, the property is serviced by both metro rail and tram services as well as the M1 Freeway.

Description

This property was developed by Growthpoint and completed in early 2020. It provides state-of-the-art A-Grade office accommodation in two interconnected towers over five and six levels and includes a c.150kW rooftop solar PV array. The property features abundant natural light, hotel-style end-of-trip facilities and a high ratio of off-street parking.

Amenities

![](https://307queenst.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site/sites/default/files/2020-03/trip.svg) End of trip

![](https://307queenst.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site/sites/default/files/2020-03/parking.svg) Parking

![](https://307queenst.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site/sites/default/files/2020-03/transport.svg) Nearby transport

![](https://307queenst.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site/sites/default/files/2020-03/concierge.svg) Concierge

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary

as at 30 June 2026

Sector

Office

Title

Freehold

Site area

8,525 sqm

Lettable area

19,286 sqm

Occupancy

98 %

WALE (by income)

4.4 years

Major tenant

Bunnings Warehouse

Valuation summary

Book value

 $ 136.0 m

Cap rate

7.00 %

Discount rate

7.75 %

Contact us

![David Wood photo](https://307queenst.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site.master-7rqtwti-dbpow6vqvp4re.au.platformsh.site/sites/default/files/styles/goz_our_team/public/2024-06/David-Wood-funds-team.jpg?h=3da94e8f&itok=2SMra5yT)

David Wood

Portfolio Manager - Office

      +61 411 895 515

[         Contact via Email ](mailto:dwood@growthpoint.com.au)

Location

The property is situated approximately five kilometres east of the Melbourne CBD within the Botanicca Corporate Park. Located next to the Yarra River Park precinct, and within close proximity to Melbourne's sports entertainment precinct, the property is serviced by both metro rail and tram services as well as the M1 Freeway.

Description

This property was developed by Growthpoint and completed in early 2020. It provides state-of-the-art A-Grade office accommodation in two interconnected towers over five and six levels and includes a c.150kW rooftop solar PV array. The property features abundant natural light, hotel-style end-of-trip facilities and a high ratio of off-street parking.

## -37.8274664, 145.0181397

![growthpoint logo](/themes/custom/growthpoint/gp-mini-logo.png)
