AUCTION - * 10 Year Lease to ANZ Bank * Prominent Dorset Road Corner *

Sold - 2 Corporate Boulevard, Bayswater

Investment opportunity, Offices, Retail

Sale Details

Sold on 16 Oct 2014

Building Area 500m²
Land Area 1355m²
Comments: Sold at Auction - 180 bids

Overview

Sale History ID: 22938
Property ID: 9710
Advertised Price: Contact Agent

Description

CVA Property Consultants would like to offer you the opportunity to secure a premium investment located on the corner of Dorset Road and Corporate Boulevard, Bayswater.

The property is subject to a ten (10) + five (5) + five (5) year lease to Australia and New Zealand Banking Group Limited which commenced on 16th November 2012. The property will return $131,100.71 per annum net plus GST as of 16th November 2014, and is being utilised as an ANZ Business Centre.

Prominently positioned on the corner of Dorset Road and Corporate Boulevard, the architecturally designed single level office building features the latest energy saving and water recycling provisions, ducted reverse cycle air-conditioning, commercial grade carpet, excellent natural light, generous allocated onsite staff and visitor car parking, and landscaped gardens.

The property is conveniently located with direct access to Dorset Road, and is within close proximity to Mountain Highway, Canterbury Road, Mount Dandenong Road, Burwood Highway, Eastlink, Bayswater Railway Station, Westfield Knox Shopping Centre and the Ringwood Metropolitan Activity Centre.

Enquire today.

Auction - Thursday 16th October 2014 at 12pm on site

Additional Info
Features
TenancyAustralia and New Zealand Banking Group Limited
Lease TermTen (10) + five (5) + five (5) years
Commenced16th November 2012
Rent ReviewFixed annual increases of 3%, market value at the commencement date of each further term
Outgoings PayableBy lessee per lease agreement
Car Spaces20 allocated onsite car spaces
Wheel Chair AccessYes
ZoningIndustrial 1 Zone (IN1Z)
Outgoings
Agent Details
CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

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

CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]