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1 Olive York Way - The Grove 1,614 SF Office Condo Unit in Brunswick West, VIC 3055
Investment Highlights
- Excellent accessibility to arterial road networks, tram routes, and Melbourne CBD (approx. 6 km).
- Exclusive allocation of 8 secure undercover car spaces—uncommon at this scale.
- Only a few years old, offering significant depreciation benefits for investors.
- Approx. 150 m² of premium-grade office space within a mixed-use precinct.
- Leased to Searle Bros Pty Ltd, an established and expanding Victorian construction company.
- Occupies a premium location within The Grove development, featuring on-site gym, wellness retreat, meeting rooms, and lifestyle amenities.
Executive Summary
101/1A Olive York Way is located within The Grove, a master-planned mixed-use development in Brunswick West designed to integrate residential, commercial, and lifestyle components. This office suite combines state-of-the-art commercial design with a strong convenience factor, leveraging its position near Melbourne’s inner north transport grid and vibrant amenity base. Offering secure parking and modern finishes, the property caters to high-caliber professional occupiers and investment portfolios targeting stable, metropolitan office assets.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 1711\PS749144 |
| No. Parking Spaces | 8 |
| Sale Type | Investment |
| No. Parking Spaces | 8 |
| APN/Parcel ID | 1711\PS749144 |
Description
101/1A Olive York Way is located within The Grove, a master-planned mixed-use development in Brunswick West designed to integrate residential, commercial, and lifestyle components. This office suite combines state-of-the-art commercial design with a strong convenience factor, leveraging its position near Melbourne’s inner north transport grid and vibrant amenity base. Offering secure parking and modern finishes, the property caters to high-caliber professional occupiers and investment portfolios targeting stable, metropolitan office assets.
This modern, income-generating office suite presents a secure investment opportunity in the highly regarded “The Grove” precinct of Brunswick West. Offering approximately 150 m² of contemporary workspace within an amenity-rich environment, this property is leased to Searle Bros Pty Ltd, a prominent Victorian commercial construction firm operating across multiple sectors including architectural builds, heritage refurbishments, and high-performance green projects.
This modern, income-generating office suite presents a secure investment opportunity in the highly regarded “The Grove” precinct of Brunswick West. Offering approximately 150 m² of contemporary workspace within an amenity-rich environment, this property is leased to Searle Bros Pty Ltd, a prominent Victorian commercial construction firm operating across multiple sectors including architectural builds, heritage refurbishments, and high-performance green projects.
Sale Notes
This modern, income-generating office suite presents a secure investment opportunity in the highly regarded “The Grove” precinct of Brunswick West. Offering approximately 150 m² of contemporary workspace within an amenity-rich environment, this property is leased to Searle Bros Pty Ltd, a prominent Victorian commercial construction firm operating across multiple sectors including architectural builds, heritage refurbishments, and high-performance green projects.
Configured as the company’s Melbourne headquarters, the tenancy underscores long-term occupational commitment and stability. The modern interior offers fully fitted office accommodation with quality finishes, while a rare allocation of eight secure undercover car spaces elevates its convenience and market appeal.
Strategically positioned within close proximity to major arterial roads, public transport networks, and local retail/lifestyle amenities, this property benefits from exceptional connectivity and sustained tenant demand in an inner-city corridor experiencing strong population and commercial growth.
This asset promises immediate income security paired with long-term investment fundamentals, enhanced by the building’s recent construction and available depreciation benefits.
Net Income: $55,000 per annum
Configured as the company’s Melbourne headquarters, the tenancy underscores long-term occupational commitment and stability. The modern interior offers fully fitted office accommodation with quality finishes, while a rare allocation of eight secure undercover car spaces elevates its convenience and market appeal.
Strategically positioned within close proximity to major arterial roads, public transport networks, and local retail/lifestyle amenities, this property benefits from exceptional connectivity and sustained tenant demand in an inner-city corridor experiencing strong population and commercial growth.
This asset promises immediate income security paired with long-term investment fundamentals, enhanced by the building’s recent construction and available depreciation benefits.
Net Income: $55,000 per annum
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 1,614 SF | Office | Upon Request | - |
Unit 101
| Unit Size |
| 1,614 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 101
| Unit Size | 1,614 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 8 |
| APN/Parcel ID | 1711\PS749144 |
| Description | |
| 101/1A Olive York Way is located within The Grove, a master-planned mixed-use development in Brunswick West designed to integrate residential, commercial, and lifestyle components. This office suite combines state-of-the-art commercial design with a strong convenience factor, leveraging its position near Melbourne’s inner north transport grid and vibrant amenity base. Offering secure parking and modern finishes, the property caters to high-caliber professional occupiers and investment portfolios targeting stable, metropolitan office assets.<br> This modern, income-generating office suite presents a secure investment opportunity in the highly regarded “The Grove” precinct of Brunswick West. Offering approximately 150 m² of contemporary workspace within an amenity-rich environment, this property is leased to Searle Bros Pty Ltd, a prominent Victorian commercial construction firm operating across multiple sectors including architectural builds, heritage refurbishments, and high-performance green projects.</li></ul> | |
| Sale Notes | |
| This modern, income-generating office suite presents a secure investment opportunity in the highly regarded “The Grove” precinct of Brunswick West. Offering approximately 150 m² of contemporary workspace within an amenity-rich environment, this property is leased to Searle Bros Pty Ltd, a prominent Victorian commercial construction firm operating across multiple sectors including architectural builds, heritage refurbishments, and high-performance green projects.<br> Configured as the company’s Melbourne headquarters, the tenancy underscores long-term occupational commitment and stability. The modern interior offers fully fitted office accommodation with quality finishes, while a rare allocation of eight secure undercover car spaces elevates its convenience and market appeal.<br> Strategically positioned within close proximity to major arterial roads, public transport networks, and local retail/lifestyle amenities, this property benefits from exceptional connectivity and sustained tenant demand in an inner-city corridor experiencing strong population and commercial growth.<br> This asset promises immediate income security paired with long-term investment fundamentals, enhanced by the building’s recent construction and available depreciation benefits.<br> Net Income: $55,000 per annum</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 522,308 SF | Typical Floor Size | 58,039 SF |
| Property Type | Multifamily (Condo) | Year Built | 2020 |
| Property Subtype | Apartment | Lot Size | 1.31 AC |
| Building Class | C | Parking Ratio | 0.02/1,000 SF |
| Floors | 9 |
| Total Building Size | 522,308 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 9 |
| Typical Floor Size | 58,039 SF |
| Year Built | 2020 |
| Lot Size | 1.31 AC |
| Parking Ratio | 0.02/1,000 SF |
Amenities
Site Amenities
- Fitness Center
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1 Olive York Way - The Grove
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