Ground Floor Corner Office

Sold - 8/25 Gipps Street, Collingwood

Investment opportunity, Offices

Sale Details

Sold on 30 May 2018

Building Area 169m²

Overview

Sale History ID: 30063
Property ID: 14448
Advertised Price: Contact Agent

Description

CVA Property Consultants are pleased to offer this outstanding investment opportunity for Private Sale.

Architecturally designed corner commercial office boasting high quality finishes throughout including modern reception and waiting area, part glass partitioned offices, parquetry flooring, air-conditioning, kitchen and staff amenities, perimeter glazing with modern blind system and 2 secure on site car spaces.

The subject property is current occupied by Carer Solutions Australia who offer assistance to people with disabilities by finding appropriate care workers for their specific needs - http://www.carersolutions.com.au/

Lease Summary:
- Lease term: 4 years from 1st July 2017
- Tenant: Carer Solutions Australia Pty Ltd
- Current rental return: $60,000 pa net
- Further terms: 3 years + 3 years + 3 years
- 3% annual increases. Market review at option
- 3 months security bond in the form of a bank guarantee

Property Summary:
- Building area: 169m2*
- High quality office fit out
- 2 secure on-site car spaces
- Corner office with two street frontages
- Perimeter glazing with modern blind system
- Bathroom and kitchen facilities

*approx.

Additional Info
Features
TenancyCarer Solutions Australia Pty Ltd
Lease Term4 Years + 3 + 3 + 3 Years
Commenced01 July 2017
Rent Review3% annually + market review at option
Bond/GuaranteesBank Guarantee - $16,500
Outgoings PayableTenants responsibility
Car Spaces2 allocated on site
Wheel Chair AccessYes
ZoningCommercial 2
Outgoings
Agent Details
CVA Property Consultants - Jarrod Moran

Jarrod Moran

M | 0413 251 621
T | (03) 9623 2589
E | [email protected]

CVA Property Consultants - Ryan Milivojac

Ryan Milivojac

M | 0409 481 471
T | (03) 9623 2566
E | [email protected]