## Building C, 211 Wellington Road 

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#  Building C, 211 Wellington Road

Mulgrave, VIC

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![](https://growthpoint.com.au/sites/default/files/styles/property_gallery/public/2022-08/211C-Wellington-Rd-Mulgrave-VIC-2022-external-2.jpg?h=bfc7a354&itok=A5pRUFwt)

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![](https://growthpoint.com.au/sites/default/files/styles/property_gallery/public/2022-08/211C-Wellington-Rd-Mulgrave-VIC-fitout.jpg?h=bfc7a354&itok=ldjXeJOX)

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![](https://growthpoint.com.au/sites/default/files/styles/property_gallery/public/2022-08/211C-Wellington-Rd-Mulgrave-VIC-fitout-connecting-stairs.jpg?h=bfc7a354&itok=derK3jkR)

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![](https://growthpoint.com.au/sites/default/files/styles/property_gallery/public/2022-08/211C-Wellington-Rd-Mulgrave-VIC-2022-amenity-2.jpg?h=bfc7a354&itok=pzCwegKr)

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![](https://growthpoint.com.au/sites/default/files/styles/property_gallery/public/2022-08/211C-Wellington-Rd-Mulgrave-VIC-2022-amenity-1.jpg?h=bfc7a354&itok=hOdgkY3l)

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Sustainability ratings

5.0 stars

NABERS Energy

3.5 stars

NABERS Water

6.0 stars

NABERS Indoor

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

![](https://growthpoint.com.au/sites/default/files/2020-03/trip.svg) End of trip

![](https://growthpoint.com.au/sites/default/files/2020-03/parking.svg) Parking

![](https://growthpoint.com.au/sites/default/files/2020-03/transport.svg) Nearby transport

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary

as at 30 June 2026

Sector

Office

Title

Freehold

Site area

11,070 sqm

Lettable area

10,277 sqm

Occupancy

71 %

WALE (by income)

1.5 years

Major tenant

Villa Maria Catholic Homes

Valuation summary

Book value

 $ 38.0 m

Cap rate

8.75 %

Discount rate

8.75 %

Contact us

![Daniel Nutbean photo](https://growthpoint.com.au/sites/default/files/styles/goz_our_team/public/2026-07/Daniel-Nutbean-web.jpg?h=3da94e8f&itok=1y_7DzLs)

Daniel Nutbean

Senior Asset Manager

      +61 407 303 292

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

![David Wood photo](https://growthpoint.com.au/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 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.

## -37.9173042, 145.1504049

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