A+ Tenant & A+ Locale

Private Sale by Closing Date – Leased Investment - 2/8-12 Butler Way, Tullamarine

Investment opportunity, Offices

Overview

Property ID: 18404
Price: Contact agent
Rent: $46,350 (ex. GST)
Building: 191m²
Zoning: Commercial 2 Zone
Deadline
11/03/2021 02:00 PM
Add to Calendar 11/03/2021 02:00 PM 11/03/2021 02:00 PM Australia/Melbourne Private Sale by Closing Date – Leased Investment - 2/8-12 Butler Way, Tullamarine A+ Tenant & A+ Locale Matthew Alderman matthew.alderman@cva.melbourne false DD/MM/YYYY akKqZLDfczNDwEvbmmHA24960

Description

POINT OF INTEREST:

Occupied by a blue chip tenant, operating as "Optus Business Centre Tullamarine" this smart corporate office investment is split across two levels and provides a well balanced mix of open plan and glass partitioned work spaces.

Located in the tightly held suburb of Tullamarine, the property is within close proximity to the Tullamarine Freeway, Western Ring Road and the Calder Freeway, providing logistical ease to Melbourne International Airport.

- Total office area 191m2* split over two (2) levels
- Ducted heating and cooling throughout
- Security intercom
- Excellent staff amenities
- Prominent street frontage with business signage opportunity
- Ample on site car parking

INVESTMENT SUMMARY:

- Lease Term: Three (3) Years
- Further Term: Three (3) Years
- Commencement Date: 1st June 2019
- Annual Income: $46,350.00 plus GST
- Reviews: Annually by 3%

POINT OF VIEW:

With the security of a big brand tenant, coupled with the tightly held location of Tullamarine, its the right recipe for your next investment.

*Approx.
Pricing excludes GST

Additional Info

Features
TenancyUnified Communication Partners Pty Ltd
Lease TermTwo Terms of Three (3) Years each
Commenced1st June 2019
Rent Review3% annual increases
Bond/Guarantees$16,500 by way of bank guarantee (equivalent to 4 months rental)
Outgoings PayableBy the tenant per the lease
Air ConditionerDucted heating and cooling to both levels
AvailabilityImmediate
Car Parking FeesNil
Car SpacesAmple on site
ConditionExcellent
FloorsConcrete/Carpet
Height2.7 metre ceilings*
LiftsNo
Wheel Chair AccessYes
ZoningCommercial 2 Zone
Outgoings
Owners’ Corporation$2,000.00 p.a. plus GST (approx)
Council Rates$3,050.00p.a. plus GST (approx)
Water Rates$1,300.00p.a. plus GST (approx)
Essential Safety MeasuresTo be advised
Other ChargesAir-condiitoning servicing $1,400.00p.a. plus GST (approx)

Agent Details

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