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

Overview

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

This offering comprises Suites 3 and 4 within the Paragon Building at 799-807 Springvale Road, Mulgrave, Victoria. It represents a secure, high-yielding investment opportunity with a lease to Asset Vision Co Limited, an ASX-listed company, situated in the rapidly growing Monash Employment and Innovation Cluster.

The property features a building area of 268 square meters, specifically designated for commercial office use. The lease terms include a three-year period commencing 2 November 2026, with fixed annual rent increases of 4%, and options for two further three-year terms. The tenant is responsible for all outgoings, including council rates, water rates, owners' corporation fees, and land tax. The existing landlord fit-out is included in the lease.

Located in Victoria's second-largest employment district, the property benefits from immediate proximity to significant landmarks such as the $557 million Victorian Heart Hospital, Monash University, and M-City Shopping Centre. The office space is designed to accommodate a professional business environment, featuring a combination of open-plan workstations and private offices.

• The office includes open-plan workspaces, a large dedicated boardroom, and a welcoming reception area with comfortable seating.
• Large windows provide excellent natural light, enhancing the working atmosphere.
• Convenient access to nearby shopping centers, including Brandon Park Shopping Centre just a short drive away and Chadstone Shopping Centre within 15 minutes.
• Outstanding connectivity is offered through numerous bus stops along Springvale Road, direct access to the Monash Freeway via Wellington Road, and proximity to Springvale and Clayton Train Stations.

This property is ideal for investors seeking a secure, long-term investment with a reputable tenant in place, offering consistent rental income and growth potential within a premier commercial location.

Location