Pole Position in Premium Location!

Sold - 1/328 Reserve Road, Cheltenham

Investment opportunity, Offices, Showroom

Sale Details

Sold on 14 Nov 2013 for $1,070,000

Building Area 266m²
Rate $4,023 per m²
Yield: 7.16%

Overview

Sale History ID: 21477
Property ID: 9002
Advertised Price: $1,070,000

Description

Fantastic opportunity to purchase a premium investment property that is currently leased to Trident Computer Services Pty Ltd.

Trident Computer Services is an Australian-owned business that provides IT services to Education and Businesses throughout Victoria.

The property is leased on a term of five (5) + five (5) years and returns $76,626.00 per annum plus outgoings.

Nestled in a premium Bayside location within an immaculately presented architecturally designed state-of-the-art Business Park, this property will be a proud addition to your investment portfolio.

Hallmarc Business Park is ideally located close to Nepean Highway, Westfield Southland Shopping Centre, Golf Courses, Sandringham Yacht Club, Cheltenham Railway Station and Sandringham Railway Station.

For more information please visit http://1-328reserveroadcheltenham.cva.net.au/

Depreciation benefits are applicable, enquire today!

Additional Info
Features
TenancyTrident Computer Services Pty Ltd
Lease TermFive (5) + five (5) years
Commenced9th January 2013
Rent ReviewAnnual 4%
Bond/GuaranteesThree month bond & Director's guarantee
Outgoings PayableOutgoings payable by tenant per lease
Car Spaces7 allocated on site car spaces
ZoningBusiness 3 Zone (B3Z)
Outgoings
Agent Details
CVA Property Consultants - Charles Cini

Charles Cini

M | 0411 423 389
T | (03) 9623 2555
E | [email protected]

CVA Property Consultants - John Nockles

John Nockles

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

CVA Property Consultants - Jarrod Moran

Jarrod Moran

M | 0413 251 621
T | (03) 9623 2589
E | [email protected]