VicRoads Leases 850 Square Metres at Minogue Owned Hawthorn Office

Teska Carson’s Andrew Morley is marketing the unrenovated office with vacant possession at 117 Church Street, and expects the buyer to refurbish the property, on a 436-square-metre block of land.

The office was once occupied by television personality Daryl Somers and is walking distance to the GTV 9 studios in Bendigo Street, Richmond.

The building is opposite Church Hill, a new 2700 sq m office building the Minogues bought "off the plan" for about $12.5 million.

Colliers International office leasing agent Travis Myerscough confirmed VicRoads has leased about 850 sq m at the ground level of Church Hill, joining multinational giant Procter & Gamble, which leased about 750 sq m in February.

Rents are believed to be almost $300 a square metre, excluding rental incentives.

Less than 500 sq m of the Minogues’ building is vacant.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.