Auction - Premium Health Care Investment - $790,000 plus

Sold - 32/328 Reserve Road, Cheltenham

Investment opportunity, Offices, Showroom

Sale Details

Sold on 29 Oct 2014 for $797,500

Building Area 253m²
Rate $3,155 per m²
Yield: 7.68%

Overview

Sale History ID: 21997
Property ID: 9256
Advertised Price: $797,500

Description



A premium investment opportunity has just presented itself at the Hallmarc Business Park Bayside.

This impressive two level building is securely leased to Prestige InHome Care Pty Ltd on a term of 3 (three) + 3 (three) years and returns $61,301 per annum net.

The building has been designed to the highest quality and features ducted air-conditioning, recessed high-lux lighting, suspended acoustic ceilings, commercial grade carpet, male and female amenities, kitchenette, excellent natural light, small balcony on first floor, 5 allocated on site parking spaces and corporate signage rights.

Prestige InHome Care specialise in providing dedicated Registered Nurses and professional carers committed to helping people stay in their own home and live as happily and normally as they can. For more information, please visit http://www.prestigeinhomecare.com.au

Hallmarc Buisness 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.

Tax effective depreciation benefits apply.

Additional Info
Features
TenancyPrestige InHome Care Pty Ltd
Lease TermThree (3) + Three (3)
Commenced14 April, 2014
Rent ReviewAnnual 4%
Bond/Guarantees$ 19,981.87
Outgoings PayableOutgoings payable by tenant per lease
Car Spaces5 allocated on site + 1 loading
ZoningCommercial
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]