Long term investment

Sold - SUITE 10 ( LOT 23)/270 Blackburn Road, Glen Waverley

Investment opportunity, Offices

Sale Details

Sold on 03 Feb 2014 for $560,000

Building Area 137m²
Rate $4,088 per m²
Yield: 7.89%

Overview

Sale History ID: 20813
Property ID: 8708
Advertised Price: $560,000

Description

This is a great opportunity to purchase a long term and secure investment, ideal for your self-managed super fund.

This brilliant office suite encompasses natural light, frontage to Blackburn Road and is part of a 2 year old mixed use building that is located in a vibrant shopping strip with transport at your door.

A 5 year lease, starting on the 1st September 2013 is secured and shows a generous net return as well as Tax Deprecation.

Call now for further details!

Additional Info
Features
TenancyKx Fitness ( Victoria Pty. Ltd ).
Lease Term5 years
Commenced1st September 2013
Rent Review3% Annual increases
Bond/Guarantees3 Months
Outgoings PayableBy the tenant
Age2 years
Air Conditioneryes
Availability90 days
Car Parking Fees2 carspaces included in rental
Car Spaces5 car spaces
ConditionAs New
Floorsconcrete/carpet
Liftsyes
Roller DoorsN/A
Sprinklersn/a
ZoningBusiness 1
Outgoings
Owners’ CorporationPaid by the tenant
Council RatesPaid by the tenant
Water RatesPaid by the tenant
Agent Details
CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

M | 0400 448 755
T | (03) 9623 2556
E | [email protected]

CVA Property Consultants - John Nockles

John Nockles

M | 0404 530 393
T | (03) 9623 2591
E | [email protected]