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Cutting-edge office investment in Melbourne's most sought-after location

Jess Freeman • 26/07/2023

1ComoStMalvern

A brand-new, state-of-the-art office investment has emerged within one of Melbourne's most coveted areas, poised to redefine the city's southeast office precinct, with its unparalleled design and superior quality.

Situated at 1 Como Street, Malvern, this exceptional development has been meticulously crafted by award-winning architect Gray Puksand and sets a new standard for boutique office developments in Melbourne.

Completed in June 2023, 1 Como Street encompasses seven levels of commercial space, featuring a remarkable Net Lettable Area of approximately 3,600sqm. The flexible floor plates range from 397sqm* to 714sqm* catering to businesses of all sizes and requirements and offers a breathtaking rooftop terrace, providing 360-degree panoramic views of the CBD, Dandenong Ranges, and Port Phillip Bay.

Conveniently located near public transport, including the nearby Malvern train station and tram routes along Glenferrie Road, 1 Como Street is next to the esteemed Kokoda new development featuring a diverse range of shops, entertainment venues, and recreational facilities and the renowned Malvern Central, with its prominent Woolworths supermarket.

1 Como Street offers exceptional accessibility and is for sale through Daniel Wolman, Oliver Hay, George Davies, and Leon Ma, of Cushman & Wakefield.

Daniel Wolman, Cushman & Wakefield’s International Director & Co-Head Investment Sales, VIC believes 1 Como Street will attract desirable office tenants seeking a vibrant and well-connected work environment.

The property boasts flexible floor plates with a central lift core, allowing for versatility in configuring tenancies. Its timeless floor-to-ceiling glass facade and low-rise surroundings ensure abundant natural light and stunning views from every tenancy.

Mr Wolman continued, “1 Commo Street is partially leased and offers a prime owner occupation or investment opportunity for small, medium, and large owner occupiers to establish their ideal office headquarters.

“Additionally, investors seeking a brand-new building with significant potential for high-yielding passive income will find immense value in this property.”

With easy access to Dandenong Road and a plethora of surrounding lifestyle amenities, 1 Como Street is less than 50 metres from Glenferrie Road, and the area's cosmopolitan atmosphere is complemented by the surrounding leafy, overgrown landscape and wide tree-lined streets, creating a truly desirable and unique lifestyle. Only 7.5 kms from Melbourne's CBD, Malvern is emerging as a highly sought-after office precinct, making 1 Como Street ideally positioned to capitalise on this evolution.

100% interest in 1 Como Street, Malvern is for sale through Cushman & Wakefield Melbco Middle Markets via International Expressions of Interest, closing early September 2023.

*Approximate

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