Bayside Junction on market

Jagonal-Bayside-Junction

Colliers International and Bayley Stuart have been appointed to sell the most significant metropolitan office listing to hit the market to date in 2015, Bayside Junction.

Colliers International’s Peter Bremner and Jeremy Gruzewski, in conjunction with Bayley Stuart’s Andrew MacGillivray and Alasdair MacGillivray, are selling Bayside Junction at 973 Nepean Highway, Bentleigh.

“Bayside Junction has asserted itself as the premier office asset in Melbourne’s South East market and represents an enticing investment proposition,” Mr Bremner said.

“It has recently undergone a stunning lobby refurbishment and welcomes brand new high calibre tenants Alfred Health as an agency for Headspace and Royal District Nursing Services in addition to the Commonwealth Government confirming their commitment to anchor around 50% of the building  for another five years.”

Mr MacGillivray said: “The entire 11,956sqm building has been leased or renewed within the past 12 months during what has been a subdued leasing market. This illustrates the demand of new entrants wanting to secure tenancies within Bayside Junction and also the commitment of existing tenants to remain for further terms.”

 

Read more at Colliers

By: JAGONAL

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