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the facts

SUITE 109, 91
MURPHY STREET

RICHMOND

Leased Suite 109/91 Murphy Street Richmond TCI - An in depth behind the scenes of the campaign. We'll explain the pros, the cons, the challenges and the reveal!

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Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 109/91 Murphy Street

THE PROS

  • Located on the ground floor – allowing easy access for deliveries direct to Suite
  • Open play layout providing tenants a fresh start and ability to fit out to their requirements
  • High clearance ceiling
  • Polished concrete floor
  • Reverse cycle air conditioning
  • One car park
  • Shared loading bay facilities
  • End of trip facilities such as a bike rack and shower
  • Affordable rental
Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 109/91 Murphy Street
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 
Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 109/91 Murphy Street
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 

THE CONS

  • Located in an Industrial pocket – there is limited amenity and transport access
  • Zoned Industrial 1, which precludes retail and some office uses
  • Construction was completed in 2007 – exterior of building reflects that in design and can appear dated
  • Murphy Street is difficult to find on street parking, for customers visiting the property
The Facts Lease 109/91 Murphy Street Richmond Real Estate Richmond Showroom Commercial Real Estate TCI
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite
Leased 109/91 Murphy Street Richmond Showroom Commercial Real Estate TCI Suite

THE CHALLENGES

  • Property looks like an office, is used like an office but is not an office – this needed to be explained to potential tenants and the potential limitations of the zoning
  • The marketing tried to identify in brief, where the best local amenity spots where
  • Rent was priced appropriately to what was on offer, in consideration of the limitations
Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 109/91 Murphy Street
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 
Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 109/91 Murphy Street
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 

THE REVEAL

  • After circa a month on market, TCI leased the property for just under the asking rent
  • The campaign received 4,713 hits, compared to the market average of 937 i.e. 5 times higher

the facts

MARKET AVERAGE LISTING

0
k

HITS

  • RESULT
0
k

HITS

  • difference
0
x

higher

Campaign performance

No Data Found

thousand (k)

No Data Found

No Data Found

thousand (k)

VIEWS
ENGAGEMENTS

No Data Found

SAVE & SHARE
ENQUIRIES

market average

  • RESULT

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

Leased Suite 109/91 Murphy Street

TCI Commercial Real Estate For Sale Sold For Lease Leased Property Management Commercial Real Estate Richmond Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.

Contact

Address

463 Bridge Road,
Richmond 3121

Phone

03 9426 8000

Email

teneketzis@tciproperty.com

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TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.

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all figures and outlines are approximates only

TCI Commercial Real Estate For Sale Sold For Lease Leased Property Management Commercial Real Estate Richmond Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
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