Prestigious Investment Opportunity!

Sold - 40/328 Reserve Road, Cheltenham

Investment opportunity, Industrial, Offices

Sale Details

Sold on 03 Feb 2014 for $670,000

Building Area 250m²
Rate $2,680 per m²
Yield: 7.21%

Overview

Sale History ID: 21615
Property ID: 9058
Advertised Price: $670,000

Description

As new office/warehouse in prestigious Bay-side Location leased to integral allliance Pty Ltd. View tenant web site www.integralalliance.com

Features include ducted air-conditioning, recessed high-lux lighting, suspended acoustic ceilings, commercial grade carpet, male and female amenities, kitchenette, excellent natural light, container height roller door access, 5 allocated onsite car parking spaces and corporate signage rights.

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

Depreciation benefits apply.

Additional Info
Features
TenancyIntegral Alliance Pty Ltd
Lease Term5 + 5 years
Commenced1 June 2012
Rent ReviewAnnual 4%
Bond/GuaranteesPersonal Guarantees and 3 Mth Bond
Outgoings PayableAll payable by tenant
Car SpacesFive spaces
ZoningBusiness 3
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]