Investment opportunity, Offices, Retail
| Building Area | 500m² |
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| Land Area | 1355m² |
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| Comments: | Sold at Auction - 180 bids |
| Sale History ID: | 22938 |
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| Property ID: | 9710 |
| Advertised Price: | Contact Agent |
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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
| Features |
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| Tenancy | Australia and New Zealand Banking Group Limited |
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| Lease Term | Ten (10) + five (5) + five (5) years |
| Commenced | 16th November 2012 |
| Rent Review | Fixed annual increases of 3%, market value at the commencement date of each further term |
| Outgoings Payable | By lessee per lease agreement |
| Car Spaces | 20 allocated onsite car spaces |
| Wheel Chair Access | Yes |
| Zoning | Industrial 1 Zone (IN1Z) |
| Outgoings |
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M | 0400 448 755
T | (03) 9623 2556
E | [email protected]
M | 0418 336 088
T | (03) 9623 2578
E | [email protected]