 Asset Class: | Office |
 Price: | $ 1230000 |
 Net Yield: | 6.00 % |
Net Yield - including solar strategy: | % |
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A fully leased A grade office investment in one of Melbourne’s most sought-after strata office buildings, Cremorne House. This premium office suite, comprising approximately 95m² of lettable area, is positioned in a high-demand business precinct, offering a secure income stream and strong capital growth potential.<br><br>Designed by SJB Architects, Cremorne House is a boutique office development with only 18 sophisticated suites. The building features an executive-style lobby with an on-site café (Little B), shared conference facilities, private landscaped terraces with city views, and premium end-of-trip facilities. The design emphasises natural light and well-being, creating an exceptional workspace environment.<br><br>Cremorne House continues the developers philosophy of delivering exactly what’s needed, when it’s needed, and always in areas of high demand. The developer specifically targets owner occupiers, which has the benefit of restricting supply to renters.<br><br>The property is fully leased to Tiny Thunder Group Pty Ltd, providing a net income of $74,156 (after estimated management fees of 3%), or net yield of 6%. With the building specifically designed for modern requirements, and with strong tenant demand in the area, the asset presents a secure long-term investment opportunity.<br><br>The sole tenant, Tiny Thunder Group Pty Ltd, occupies the space under a secure lease agreement to 2028, with further options. The bank guarantee equivalent to 6 months rent provides excellent security for this asset.<br><br>Cremorne is one of Melbourne’s most vibrant business destinations, home to leading tech firms and entrepreneurs. Positioned just off Church Street, the property is within walking distance of cafés, restaurants, and Richmond train station, with the MCG just a 15-minute walk away. The location’s strong tenant appeal and ongoing commercial demand enhance the asset’s long-term value.<br>
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An inspiring pocket of Melbourne rich in character and charm, Cremorne's reputation continues to grow. With a vibrant, progressive working culture and top-notch public transport links it remains a highly desirable location for modern business. Cremorne shares it’s borders with some of the city’s most beautiful parks. Stroll at Gosch’s Paddock or Barkly Gardens at lunchtime, or jog to work along the Yarra Trail. With Melbourne’s sporting precinct just moments away, Cremorne’s links to beautiful green spaces and Friday night football is unparalleled. An abundance of shops, bars, pubs, restaurants and cafés, everything right at your doorstep. From client lunches at Frederic, to Friday team drinks at Harlow, this enviable location leaves you spoilt for choice. With the ground floor café by Bruno & Co to cater your every need, your toughest decision is which to try first.<br><br>Accessing Cremorne House couldn’t be easier by train, tram, bike, car or by foot. Located opposite East Richmond Train Station, Cremorne House connects directly to the Lilydale, Belgrave, Alamein and Glen Waverley train lines. Take a one-minute stroll to Church and Swan Street for an abundance of tram networks linking both to the Melbourne CBD as well as the outer suburbs. Enjoy a walk or cycle to work along the Yarra Trail, or take advantage of on-site parking and a five The Palm Royale Caddie Fargo & Co My Oh My Cafe Fitness First Bahari Untitled Maeve Fox BFT Richmond The Ugly Duckling Adolph Street Tram 78 Gunnii Cafe Church Street minute drive to the Monash Freeway.<br>
Additional Location Information FileTiny Thunder is a Melbourne-based consultancy specializing in transformative change for large-scale organizations. Founded by experts in finance leadership, organizational psychology, and transformation programs, the firm focuses on capturing untapped value and delivering measurable financial results. <br><br>Their services include value creation programs and plug-and-play solutions designed to streamline operations, enhance processes, and drive sustainable growth. Emphasizing clarity, actionable insights, and resilience, Tiny Thunder empowers businesses to navigate complexities, achieve tangible financial improvements, and proactively prepare for future challenges. Their approach is grounded in data-driven decision-making, strong governance, and fostering strategic connections to support long-term success. <br>
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Suite 1.03, 6 Adolph Street, Cremorne – 95m2 - $760/m2 Suite 4.02, 6 Adolph Street, Cremorne – 85m2 - $750/m2 Suite 2.02, 6 Adolph Street, Cremorne – 95m2 - $760/m2 Suite 1, 19 Cubitt Street, Cremorne – 194m2 - $760/m2 Suite 7, 16 Stephenson Street, Cremorne – 336m2 - $684/m2 Suite 5, 22 Gordon Street, Cremorne – 321m2 - $690/m2
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• Fully leased office investment in Cremorne House, arguably one of Melbourne’s best strata office buildings<br>• Net income of $74,156 (after non-recoverable management fees estimated at 3% p.a.) <br>• Net yield of 6%, which will escalate to around 6.3% at the end of year 1, due to appealing fixed annual increases of 4%<br>• The tenant is Tiny Thunder Group Pty Ltd - <a style="color:rgb(51, 51, 51);display:inline;" target="_blank" href="https://tiny-thunder.webflow.io/about-us"><u>https://tiny-thunder.webflow.io/about-us</u></a><br>• Secure lease providing stable income until at least 2028, backed by a reassuring bank guarantee equivalent to 6 months rent<br>• Designed by SJB Architects with premium finishes. Executive-style lobby with on-site café (Little B), shared conference facilities and end-of-trip amenities, along with private landscaped terraces with city views<br>• High tenant demand in Cremorne business precinct, surrounded by tech firms and entrepreneurs<br>• Short walk to cafés, restaurants, Richmond train station, and a 15-minute walk to the MCG<br>• One (1) car park on-title<br>
