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Offices

3 & 4/799-807 Springvale Road Mulgrave, VIC 3170

Sold on 29 Jun 2026
  • Building: 268m²
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Offices in Mulgrave

High-Yielding Investment - ASX-Listed Company in Premier Location

  • Building: 268m²

High-Yielding Investment - ASX-Listed Company in Premier Location

RWC is exclusively offering Suites 3 & 4 within the Paragon Building, located at 799-807 Springvale Road, Mulgrave VIC.

This presents a high-yielding investment opportunity with a secure lease to Asset Vision Co Limited, an ASX-listed company, within the rapidly expanding Monash Employment and Innovation Cluster.

Key details of this substantial asset include:

  • Rental Income: $89,700 per annum plus GST.
  • New Lease Details: Three (3) years commencing 2 November 2026.
  • Fixed Growth: Fixed annual rent increases of 4%.
  • Further Options: Two (2) further terms of three (3) years each.
  • Outgoings: The tenant is responsible for 100% of outgoings, including council rates, water rates, owners' corporation fees and land tax.
  • Fit-out: Includes the existing landlord fit-out.
  • Permitted Use: Specifically designated for commercial offices.

Positioned in Victoria's second-largest employment district, this property offers immediate proximity to the $557m Victorian Heart Hospital, Monash University, and M-City Shopping Centre.

This opportunity at 799-807 Springvale Road, Mulgrave, is ideal for investors, offering:

  • Leased to Asset Vision Co Limited, which is listed on the Australian Stock Exchange.
  • The office features a mix of open-plan workspaces and private offices, suitable for a professional business.
  • Includes open-plan workstations, a large dedicated boardroom, and a welcoming reception area with comfortable seating.
  • Large windows provide excellent natural light, creating a pleasant and productive working atmosphere.
  • Brandon Park Shopping Centre is a 2-minute* drive away, and Chadstone Shopping Centre is a 15-minute* drive away.
  • Outstanding Connectivity: Numerous bus stops along Springvale Road, direct access to the Monash Freeway via Wellington Road, and proximity to Springvale and Clayton Train Stations.

This offering is ideal for investors seeking a secure, high-yield asset with a brand-new lease term in place with an ASX-listed tenant..

Ryan Trickey 0400 380 438
Will Jonas 0422 883 011

Building:

268m²

Zone:

Special Use Zone

Tenancy:

Tenanted

Categories:

Offices, Medical/Consulting, Retail

3 & 4/799-807 Springvale Road, Mulgrave, VIC 3170