Suite Low Entry Investment!

For Sale - 1.11/203-205 Blackburn Road, Mount Waverley

Investment opportunity, Offices

Overview

Property ID: 16203
Price: $365,000
Rent: $22,000 (ex. GST)
Building: 54m²
Zoning: Commercial 1 Zoning (C1Z)

Description

This brilliant investment opportunity located at Suite 1.11, 203-205 Blackburn Road, Mount Waverley is offered for private sale with a brand new lease in place.

Key Investment Features:
- Income: $22,000 plus GST
- Leased to Frinjamin Pty Ltd ATF Billson Family Trust trading as Billson Advisory
- Brand new two (2) year and three (3) month lease
- Two (2) further options of two (2) years each
- Fixed 3% annual rental reviews, Market review at options
-Tenant pays all outgoings
- $10,000.00 security bond

A light-filled open-plan office situated in a brilliant building comprising carpet throughout, reverse cycle air conditioning plus access to amenities and kitchen. Additional features include on-site basement car parking with two allocated car spaces and serviced communal reception (if required).

Convenient location within walking distance to Syndal Train Station, bus services passing by and a vibrant shopping strip just across the road makes this a great package for the astute investor.


*Approx.
Pricing excludes GST

Additional Info

Features
TenancyFrinjamin Pty Ltd ATF Billson Family Trust trading as Billson Advisory
Lease TermTwo (2) years and three (3) months + two (2) further terms of two (2) years each
Commenced10th June 2020
Rent Review3% annually and market review at option
Bond/Guarantees$10,000 cash
Outgoings PayablePayable by tenant
Age10 years approx
Air ConditionerYes
AvailabilitySettlement 10th September 2020
Car Parking FeesNil
Car Spaces2 basement car spaces
ConditionVery Good
FloorsCarpet
LiftsOne
Roller DoorsN/A
SprinklersN/A
Wheel Chair AccessYes
ZoningCommercial 1 Zoning (C1Z)
Outgoings
Owners’ Corporation$2,950.00
Council Rates$900.00
Water Rates$1,200.00
Land TaxTBA
Other ChargesN/A

Agent Details

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