Excellent Entry Level Investment showing 5.8% return

Lease Details

Leased on 05 Mar 2019 for $22,500

Description

This brilliant low entry Investment opportunity located at Suite 2.16, 203-205 Blackburn Road,Mount Waverley is offered for private sale.

Key Features:
- Income $22,500 plus GST and Outgoings
- The property is leased to Pathway to Care Pty.Ltd. which is a Support Coordination and Plan Management Service for people with disability. www.pathwaystocare.com.au
- 2 year lease commenced 1st May 2019 with 2 further 2 year options.
- Annual rental reviews of 3%,Market review at options
- $6,500.00 security bond and personal guarantees

Property features include:
A light filled open plan office situated in a brilliant building comprising carpet throughout, reverse cycle air conditioner, access to amenities, kitchen plus service office reception (if required). Additional features include onsite basement car parking with two allocated car spaces and storage cage. Walking distance to train station, buses services passing by and a vibrant shopping strip just across the road makes this a great package for the investor.