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Location

The property is situated approximately 20 kilometres from the Melbourne CBD within the Monash technology precinct and is conveniently accessed via Springvale Road, the M1 Freeway and metro bus services.

Description

This A-Grade office building, comprising five levels, was constructed in 2016. The ground floor features onsite childcare and cafe. Substantial on-site car parking is also provided in a separate multi-level car park.

Amenities
End of trip
Parking
Nearby transport
Sustainability ratings
5.0
NABERS Energy rating
5.0
NABERS Water rating
Asset summary
as at 30 June 2024
Title
Freehold
Site area
11,070 sqm
Lettable area
10,289 sqm
Occupancy
77 %
WALE (by income)
1.7 years
Major tenant
Moderna
Valuation summary
Book value
$ 44.2 m
Valuation date
30-Jun-24
Cap rate
7.75 %
Discount rate
8.00 %
Location

The property is situated approximately 20 kilometres from the Melbourne CBD within the Monash technology precinct and is conveniently accessed via Springvale Road, the M1 Freeway and metro bus services.

Description

This A-Grade office building, comprising five levels, was constructed in 2016. The ground floor features onsite childcare and cafe. Substantial on-site car parking is also provided in a separate multi-level car park.