700 Springvale Road,
Mulgrave, VIC 3170
Offices • Development Sites & Land • Showrooms & Large Format Retail
Key property information
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Sold on
JLL - Melbourne
Level 33, 101 Collins StreetMELBOURNE, VIC 3000
700 Springvale Road
Mulgrave, VIC 3170
Map of 700 Springvale Road
SOLD by JLL
- 89% Leased to Govt & National Tenants
- Fully Refurbished & 344 Carparks
- Monash Innovation Cluster Precinct
JLL Office Investments have the exclusive privilege of offering for sale 700 Springvale Road, Mulgrave – one of Monash’s finest office investments positioned within one of Australia’s fastest growing precincts, the Monash Employment and Innovation Cluster.
Key details of the opportunity include:
The Fundamentals
+ One of Monash’s finest commercial buildings
+ 89%* leased with a strong history of high occupancy
+ Leased to Government and National corporate tenants
+ Fully refurbished with low capital expenditure requirements
+ Estimated fully leased net income $2,570,643p.a.
+ Excellent car parking provisions – 344* secure basement and at grade carparks (1:17sqm)
+ Super high-profile landholding with future expansion potential
+ 4 Star NABERS Energy Rating
A Gateway Monash Location
+ A significant site positioned within the Monash Employment and Innovation Cluster – one of the largest concentration of skilled workers outside of the Melbourne CBD
+ Situated within immediate proximity to the recently completed $557m Victorian Heart Hospital, Monash University, M-City Shopping Centre and more
+ Mulgrave is the strategic headquarters for numerous national companies, including BMW, Nissan, Mercedes Benz and many more
+ Ideally poised to benefit from the $3.6bn Suburban Rail Loop (SRL) project that will deliver new train stations in Monash, Clayton and Glen Waverley
*Approx.
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Tim Carr | 0415 767 9...
Josh Rutman | 0411 27 37 ...
MingXuan Li 李名轩 | 0498 688 9...
Key details of the opportunity include:
The Fundamentals
+ One of Monash’s finest commercial buildings
+ 89%* leased with a strong history of high occupancy
+ Leased to Government and National corporate tenants
+ Fully refurbished with low capital expenditure requirements
+ Estimated fully leased net income $2,570,643p.a.
+ Excellent car parking provisions – 344* secure basement and at grade carparks (1:17sqm)
+ Super high-profile landholding with future expansion potential
+ 4 Star NABERS Energy Rating
A Gateway Monash Location
+ A significant site positioned within the Monash Employment and Innovation Cluster – one of the largest concentration of skilled workers outside of the Melbourne CBD
+ Situated within immediate proximity to the recently completed $557m Victorian Heart Hospital, Monash University, M-City Shopping Centre and more
+ Mulgrave is the strategic headquarters for numerous national companies, including BMW, Nissan, Mercedes Benz and many more
+ Ideally poised to benefit from the $3.6bn Suburban Rail Loop (SRL) project that will deliver new train stations in Monash, Clayton and Glen Waverley
*Approx.
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Tim Carr | 0415 767 9...
Josh Rutman | 0411 27 37 ...
MingXuan Li 李名轩 | 0498 688 9...
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Mulgrave, 3170 demographic data
19,889
Population
$1,913 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
JLL - MelbourneLevel 33, 101 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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