This new 4 + 3 year lease commenced on 19 November 2010 at $47,700 pa plus outgoings plus GST, amounting to a 7% net return.

9 Yarra Street is a 15 level building designed by Bird De La Coeur Architects and interior design by Hecker Phelan Guthrie.
Situated close to public transport and the world class shopping precinct Chapel Street.
The building has a commercial carpark, on-site building maintenance manager, 24/7 access, boardrooms available for hire and for extra convenience, the renowned Outpost Cafe located on the ground floor, owned by St Ali.

This office would suit a discerning investor looking for a long term quality tenant in a premium building.

Approx. 116 sqm floor area, Small balcony, 1 car park, Own shower and W.C. facilities, Superior interior design and finishes.

* Tax benefits – depreciation allowances

* $681,429 plus GST (if applicable)

FOR A COMPLETE PROFILE OF THIS BUILDING, please go to www.commvest.com.au and click on “OFFICE PROJECTS”

IMPORTANT NOTE:
All prices, rents and outgoings are quoted exclusive of GST. The Purchaser, Tenant or Occupant will be liable to pay the GST if applicable. An interested party is at all times responsible to ensure that the property inspected is suitable for their purposes and should note that the nominated area measurements are approximate and should not be relied upon. Area calculations may vary substantially, depending upon the basis of measurement. A Net Lettable Area is often smaller than a Title measurement. The Agent does not warrant that any area is correct and will not take any responsibility for area calculations, provided by a third party. The Agent recommends that a Purchaser, Tenant or Occupant have an area measurement certified by a surveyor if they wish to rely upon it.