Your Quest for a Top Investment Finishes Here
Sold - 27/255 Drummond Street, Carlton
Investment opportunity, Offices, Retail
Sale Details
Sold on 03 Oct 2013 for $314,000
| Building Area | 35m² |
|---|---|
| Rate | $8,971 per m² |
| Yield: | 5.05% |
| Comments: | Sold under the hammer at auction |
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Overview
| Sale History ID: | 21167 |
|---|---|
| Property ID: | 8864 |
| Advertised Price: | $314,000 |
|---|
Description
This outstanding investment opportunity forming part of the iconic Carlton Clocktower currently trading as Quest Serviced Apartments is securely leased on a ten (10) + five (5) + five (5) year lease from August 2012, returning $15,872.00 per annum.
Positioned in the heart of Carlton with frontage to Drummond Street and access from Lygon Street, the Carlton Clocktower offers a combination of quality commercial suites as well as serviced apartments in an ideal city fringe location.
The property is further enhanced by an onsite commercial car park offering permanent or casual parking options.
This securely leased property in the tightly held city fringe precinct of Carlton would make an excellent first commercial investment or an outstanding addition to any investment portfolio.
For more information please visit http://255drummondstreetcarlton.cva.net.au/
Enquire today.
Additional Info
| Features |
|---|
| Tenancy | Sharpedg Pty Ltd |
|---|---|
| Lease Term | Ten (10) + five (5) + five (5) years |
| Commenced | 6th August 2012 |
| Rent Review | Annual CPI, market review on the commencement of further terms |
| Bond/Guarantees | None |
| Outgoings Payable | Outgoings payable by tenant as per lease |
| Car Spaces | None |
| Zoning | Business 1 Zone (B1Z) |
| Outgoings |
|---|
Agent Details
Bradley Ellul
M | 0418 136 612
T | (03) 9623 2567
E | [email protected]