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Millennium takes Mt Waverley office lease

People & Companies / Latest News

Australia

Apr 07 2017

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April 7, Melbourne – ASX listed cleaning, security and integrated service specialist, Millennium Services Group Limited, has agreed terms on a new office lease at Mt Waverley in Melbourne’s south-east in a deal brokered by Savills Australia.

The Level 1, 205- 211 Forster Road property comprises a modern, fully-fitted and furnished 700 square metre office space and on-site parking.

The property is located on the corner of Ferntree Gully Road and less than one kilometre from a Monash Freeway on-ramp.

According to Savills Associate Director Daniel Kelly, who negotiated the deal, Millennium will pay circa $186,000 per annum net on a five-year term.

He said the tenant, which will relocate from Toorak, required additional room to cater to business growth.

"Millennium needed expansion space and found it in a modern, three year old building which is fully fitted and furnished, and very close to the Monash Freeway providing exceptional road transport access," Mr Kelly said.

The lessor was a private Melbourne investor.

 

 

About Savills

Savills is a global real estate services provider listed on the London Stock Exchange. Savills operates from over 700 corporate and associate offices, employing more than 30,000 people in over 60 countries throughout the Americas, the UK, Europe, Asia Pacific, Africa and the Middle East, offering a broad range of specialist advisory, management and transactional services to clients all over the world. www.savills.com.au or www.savills.com. 

Follow @SavillsAus for the latest Australian and global real estate news and research.

SOURCE: Press Release

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