Dance Away With This Prime Investment! - New 5 yr Lease.

Sale Details

Sold on 04 Feb 2017 for $855,000

Description

A fantastic opportunity to purchase a premium investment property that is currently leased to Deanne Fordham School Of Dance since 2009!

The property features;
- Total Building area: 332m2*
- Ground & 1st floor office area: 134m2*
- 5 allocated car spaces
- Visitor Parking in the estate
- Air-conditioning and heating
- Container height roller door

Lease Summary;
- Tenant: Deanne Fordham School of Dance
- Lease Term: Five (5) year lease + Five (5) year option
- Commenced: 1st December 2016
- Rental Return: $47,528.28 per annum + outgoings and GST
- 3% annual increases

The property is situated within an immaculately presented architecturally designed business park, adjoins Bunnings Warehouse and is close to Warrigal Road, Clayton Road and the Monash Freeway, 23.4 kilometres from Melbourne's Central Business District.

*approx.