Suite 2, 204 Toorak Road, South Yarra

SUITE 2/204 TOORAK ROAD SOUTH YARRA

FOR PRIVATE SALE

SUITE 2/204 TOORAK ROAD SOUTH YARRA

CONTENTS 04

INTRODUCTION

06

EXECUTIVE SUMMARY

08

LOCATION

12

SUBURB PROFILE

14

TENANCY DETAILS

16

PROPERTY PARTICULARS

17

FLOOR PLAN

18

SALE METHOD

3

INTRODUCTION 4

Aston Commercial are pleased to offer Suite 2, 204 Toorak Road, South Yarra for Private Sale.

This leased first floor corner office investment provides an outstanding opportunity for investors looking to purchase a secure tenancy.

The property is also strengthened by its prime city fringe location opposite South Yarra Railway Station and five secure basement car spaces.

Benefiting from a modern high-end fit-out and amenities it boasts views overlooking Toorak

Aston Commercial highly recommends this investment to add or begin your property portfolio.

Road and South Yarra station.

5

EXECUTIVE SUMMARY

SUITE 2/204 TOORAK ROAD SOUTH YARRA Well presented refurbished office comprising open plan workstations, boardroom, private office spaces and staff amenities.

LOCATION

LEASE DETAILS

Located just 4km’s south-east of Melbourne’s CBD and a short distance to renowned shopping mecca Chapel Street.

Currently leased on a Five (5) year lease with further option at a rental of $79,567.50 pa*

BUILDING AREA

ZONING

200 sqm* Plus Five (5) secure car spaces

ACZ - Activity Centre Zone - Schedule 1

METHOD OF SALE

TERMS OF SALE

For Private Sale

10% deposit with the balance payable in 60-90 days *approx.

EXCLUSIVE SELLING AGENTS

6

Liam Rafferty

Fred Nucara

Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au

Director 0418 567 560 fred@astoncommercial.com.au

LOCATION

Situated in the heart of South Yarra the area is well known for its prominent retail precincts along Chapel Street & Toorak Road.

Major shopping hubs in this area include: Jam Factory Prahran Market Como Centre Capitol Grand

With a tram on its doorstep and South Yarra Train Station across the road, access around the area and across Melbourne could not be any easier.

South Yarra Station Tram Route 58 & 78 M1 Monash Freeway Punt Road

South Yarra is home to iconic Restaurants and Bars.

Bar Carolina France-Soir Arcadia Hotel Meat & Wine Col Two Wrongs Cosi Bar & Ristorante

Positioned in close proximity to some of Melbourne’s most iconic parks and gardens.

Botanical Gardens Fawkner Park Yarra River Como Park

8

OUTSTANDING CITY FRINGE

INVESTMENT

SUBURB PROFILE

SOUTH YARRA 3141

South Yarra is a great suburb that is perfectly situated just out of the CBD. In a way it offers the neighbourhood environment that outer suburbs do, but it also allows you to be in a great proximity to things going on and central to whatever you need.

12

With public transport in abundance with

From here you can walk to some of

train stations and trams servicing all

Melbourne’s finest spots, the Yarra River,

areas and who wouldn’t love living in

the Botanical Gardens, Fed Square, the

the centre of Melbourne’s best shopping,

city, Southbank and more. Dine on street,

best restaurants, best night life and

people watch, enjoy fashion, glamour and

entertainment.

style all day, every day, all year round.

TENANCY DETAILS OVERVIEW OF TENANT Erilyan brings together a combined 66 years of experience in the commercial construction sector. We are licensed in QLD, ACT, VIC, SA, NSW and TAS, with offices in Melbourne and Sydney.

Erilyan complete work in the $500k – $75 million range. Erilyan have been rewarded with an extensive portfolio of completed projects. With direct management of projects totalling $600 million, Erilyan have a proven track record in successful project delivery and the ability to support clients achieve their corporate objectives.

Our skillset is working for educated clients on technically challenging projects. We differentiate ourselves from the market with our realistic approach to budgets, programmes and through our transparent approach. www.erilyan.com.au

TENANCY DETAILS The property is being sold subject to a lease summarised as follows:

14

Tenant

Erilyan Projects Pty Ltd

Current Rent

$79,567.50 pa + GST

Lease Term

Five (5) Years

Commencement Date

9th September 2019

Options

One (1) further term of Five (5) years

Rent Reviews

3% annually with a market review at the exercise of option

Outgoings

Paid by tenant

Security

Equal to 3 months rent plus GST

PROPERTY PARTICULARS

TITLE PARTICULARS

BUILDING IMPROVEMENTS

Volume: 09729 Folio: 300 Lot 75 on Plan of Subdivision 016950

The tenancy is beautifully presented with following spaces:

Total Building Area: 200 square metres*

PARKING The property comes with Five (5) secure basement car parks.

ZONING Under the Stonnington City Council Planning Scheme the land is zoned ACZ - Activity Centre Zone - Schedule 1.

16

*approx.

• • • • • •

Open Plan workstations Male / Female Bathrooms Staff Kitchen Boardroom Private Offices Private Balcony

FLOOR PLAN

SUITE 2/204 TOORAK ROAD SOUTH YARRA

17

EXECUTIVE SUMMARY

SUITE 2/204 TOORAK ROAD SOUTH YARRA METHOD OF SALE

TERMS OF SALE

For Private Sale

10% deposit with the balance payable in 60-90 days.

INSPECTIONS

CONTRACT OF SALE & VENDORS STATEMENT

Strictly by private appointment with the exclusive selling agents.

Available upon request.

EXCLUSIVE SELLING AGENTS

18

Liam Rafferty

Fred Nucara

Senior Sales Executive 0421 886 655 liam@astoncommercial.com.au

Director 0418 567 560 fred@astoncommercial.com.au

DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate