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Own your piece of Richmond
ICONIC RICHMOND WORK PLACES | VERE ST 3 _
Unique opportunity to own your own Richmond office building.
ARTIST IMPRESSION
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I_WORK
I_PLAYLocated in the diverse and vibrant suburb of Richmond, i.Co places you in close proximity to a host of shopping, dining and entertainment amenity.
I_DREAMTurn the dream of owning your own Richmond office into reality and invest in your future within one of Australia’s best performing office markets.
i.Co features 15 industrial style work places, thoughtfully created for the needs of your modern business.
I_CREATECreate your ultimate work environment with flexible open plan spaces ready to move in or adapt & customise to suit.
With a striking design aesthetic inspired by Richmond’s industrial history, i.Co is a boutique collection of offices ideally located in the city fringe, surrounded by all the very best amenity Richmond has to offer.
45 Vere St, Richmond
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I_WORK
These thoughtfully designed 3 level offices feature industrial style finishes with an abundance of natural light and open floorplans connecting to balconies and rooftop decks with privileged CBD views.
With only 15 individual offices, i.Co Richmond provides a limited opportunity to be part of a unique business community, surrounded by like minded individuals.
ARTIST IMPRESSION
inside a boutique business community
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Security & IT conscious:• Audio visual intercom• One-way privacy frosting• Gated Driveways• NBN Ready
Abundance of natural light
Modern kitchen and industrial finishes
End-of-Trip Facilities including shower & bicycle parking
Undercover / secure garage car parking
Dedicated air conditioning with area zoning
Environmentally Aware:• Solar Power• Rainwater re-use• Double glazing• Operable windows for
ventilation & fresh air• Sensor lighting
Built for business
Balconies & Roof top decks with CBD Views
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I_CREATE
ARTIST IMPRESSION
i.Co allows you to create your ultimate work and lifestyle environment. The choice is yours, move in and enjoy the
flexible, open plan spaces with premium amenities including kitchen, end-of-trip facilities and all necessary building
services or customise and adapt the spaces to suit your specific business.
the ultimate work environment
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Victoria Garden Shopping Centre
Ternary Tuckshop
Richmond offers a diverse array of amenity, including shopping, dining and entertainment, making a true lifestyle destination. Also home to a significant medical precinct, the city’s renowned sporting precinct and just moments to the CBD
I_PLAY
Victoria Street
Yarra Trail
in a thriving inner Melbourne suburb, connected to everything
Enjoy a work life balance with access to some of Melbourne’s most dynamic and eclectic retail strips including Victoria Street and Swan Street plus access to generous parklands, bicycle paths and recreation facilities. From a transport perspective, i.Co is incredibly well serviced, boasting easy access to train stations, tram and bus services.
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CBD
BRID GE RD
HIGHET T ST
MCG AAMI STADIUMROD LAVER ARENA
ROYAL BOTANICAL GARDENS
CITIZENS PARK
EPWORTH HOSPITAL
ARTS PRECINCTSOUTHBANK
VICTORIA ST
FITZROY GARDENS
CARLTON GARDENS
ELIZABETH ST
WEST RICHMOND STATION
CHURCH ST
HODDLE ST
NORTH RICHMOND STATION
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V I C TO R I A P D E
V I C TO R I A S T
YA R R A B LV D
B R I D G E R D
E L I Z A B E T H S T
A L B E R T S T
H I G H E T T S T
S WA N S T
O LY M P I C B LV D
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W E L L I N G TO N P D E
LONSDALE ST
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CITY LINK
ENTRANCE
Cremorne
Richmond
EastMelbourne
WEST RICHMOND
STATION650m
NORTHRICHMOND
STATION
RICHMONDSTATION
1km
EAST RICHMOND
STATION1km
BURNLEYSTATION
T R A M N O. 7 0
T R A M N O. 4 8
T R A M N O. 7 5
T R A M N O. 1 2
T R A M N O. 1 0 9
T R A M N O. 7 84 5 0 m1.
7.
2.
3.4.
5.
5.
6.
13.
19.
14.
16.
17.
18.
8.9. 10.
11.
12.
15.
20.
CAFES AND RESTAURANTS
1. Ternary Tuckshop
2. The Grisley Bear Café
3. A Thousand Blessings
4. Lennox Coffee & Kitchen
5. New York Tomatoe Café
6. Fifty Acres
7. Winkel Cafe
RECREATION
8. 12 Rounds Fitness Richmond
9. Citizen’s Park
10. Richmond Recreation Centre
11. Richmond Pilates
12. Fitness XO Richmond
FOOD AND DRINK
13. Prince of Wales
14. Kingston Hotel
15. Bouzy Rouge
16. Burnley Brewing
17. Mountain Goat Beer
18. Royston Hotel
19. All Nations Hotel
20. St Domenico Pizza Bar
Around i.Co
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I_DREAM
Turn the dream of owning your own Richmond office into reality –a rare investment in one of Melbourne’s strongest and best performing suburbs, characterised by low vacancy, strong rental and capital growth.
City Fringe Vacancy Rate, second lowest in all major Australian office markets
3.46%
44%Increase in Richmond/
Cremorne office building values (average $/m2) since 2016
5.25%New office developments,
Melbourne City Fringe
$563/m2Average City Fringe net face rent for new developments.
An increase in 4% over the past six months
Source: Colliers Metro Office Report, November 2018 & April 2019
CAPITAL GROWTH AVERAGE YIELD
VACANCY RATE AVE NET RENT
AVERAGE SIZE:
172m2
of owning my own office building in Richmond
MEDIAN PRICE:
$1.335mFORECAST
AVERAGE RENT:
$433/m2
FORECAST AVERAGE
YIELD:
5.32%
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Project Team
DEVELOPER
Established in 2007, Wilmac’s co-founders draw on over 30 years of experience across various asset classes, including residential, commercial, retail and industrial. Wilmac is extremely excited to bring these 15 boutique heritage inspired offices to Richmond. The Wilmac team take a methodical and creative approach, carefully seeking out the best opportunities to create projects with a strong sense of place whilst also capitalising on current market conditions to deliver the best results for all stakeholders.
ARCHITECT
Founded in 2004, Watson Young Architects is a responsive architectural practice working collaboratively with clients to deliver exceptional built form outcomes. With offices nationally, Watson Young have earned a strong reputation across a broad spectrum of disciplines including the Industrial, Commercial, Education and Residential sectors. Motivated by creativity and a disciplined approach to delivering outstanding architectural quality with a modern and flexible working environment for end users, Watson Young was a natural choice to deliver the i.Co vision.
SELLING AGENTS
Ben Baines 0438 328 407 [email protected]
Jordan Lipton 0425 760 393 [email protected]
Ryan Milivojac 0409 481 471 [email protected]
Ian Angelico 0418 336 088 [email protected]
WILMACPROPERTIES.COM.AU WATSONYOUNG.COM.AU
ICONIC RICHMOND WORK PLACES | VERE ST
icorichmond.com.au45 VERE ST, RICHMOND
Disclaimer: This document has been prepared to assist potential purchasers in deciding whether to purchase in the proposed development. The information contained herein has been prepared in good faith, however we do not warrant the accuracy of any of the information provided. The information provided herein does not in any way constitute all, or any part of an offer, or contract of sale for any property referred herein. All plans, dimensions, figures, illustrations, financial details, photography and all other material are representative only. All information contained herein in this document is subject to change and is confidential and remains the property of the vendor. This document is not for general distribution without the written consent of the vendor. Copyright © 2019 Wilmac Properties Pty Ltd. Unauthorised reproduction of any part of this document is not
permitted and may be prohibited under copyright and other laws.