Realization Sale!!
Lemon Baxter, in conjunction with Dawkins Occhiuto, are pleased to present for sale 9 Paran Place, Glen Iris
– Ready-to-use 129sqm* office
– Prime location near Glen Iris Train Station and Monash Freeway
– Future development potential for a 618sqm* mixed-use space (STCA)
Located within the tightly held south-eastern suburb of Glen Iris, 9 Paran Place presents an ideal opportunity for owner-occupiers seeking a commercial property with future redevelopment upside.
The existing 129sqm* freestanding office building is ready for immediate use, featuring a light-filled, fully air-conditioned workspace with a combination of open-plan areas, partitioned offices, and meeting rooms. The property is further enhanced by a rear courtyard and off-street parking for six vehicles, plus a lock-up garage for added convenience.
With a total land area of 384sqm* and a 15.24m* frontage to Paran Place, this well-located site offers excellent future development potential.
A comprehensive development scheme (STCA) has been prepared by Watson Young, offering significant potential for future growth. The proposed design encompasses 618sqm* of lettable area, including a 216sqm* warehouse on the ground level and three upper levels dedicated to office spaces, each spanning 134sqm*. This results in a total office area of 402sqm*. The plans also include a loading bay, a Level 3 terrace, and at-grade parking facilities.
For more information or to book an inspection, please contact the exclusive agents.
*Approximately
