Modern Self Contained Office Investment.

Sold - 6/109 Whitehorse Road, Blackburn

Investment opportunity, Offices

Sale Details

Sold on 12 Feb 2020

Building Area 170m²
Yield: 5.65%

Overview

Sale History ID: 32319
Property ID: 15674
Advertised Price: Contact Agent

Description

This modern well located office investment features a brand new lease to nationally operating tenant, Unified Security Group (Australia) Pty Ltd with a passing rental of $49,500 per annum. This well presented two level office provides a mix of open plan area, private offices and boardroom all featuring abundant natural light. Further enhancing this office are private staff amenities, kitchenette plus allocated on site car parking, together with the convenience of being adjacent to the Blackburn Hotel.

- Leased to Unified Security Group (Australia) Pty Ltd (website link https://www.unifiedsecurity.com.au/)
- New lease term of 3 years and 6 months + 3 years
- Rental $49,500 per annum net plus GST
- Total Area: 170m2*
- 5 allocated car parking spaces plus 1 common space
- 850 metres* from Blackburn Train Station and shopping precinct

The property is situated between Middleborough and Blackburn Roads, with the Eastern Freeway just 2.2km* away. Buses are available on Whitehorse Road and Blackburn Station is just a 350m* walk. Various parks and gardens are within walking distance with the highlight being Blackburn Lake Sanctuary.

*Approx
Pricing excludes GST.

Additional Info

Features
TenancyUnified Security Group (Australia) Pty Ltd
Lease Term3 years and 6 months + 3 years
Commenced16th December 2019
Rent Reviewannual 3% increases, market value at option
Bond/Guarantees3 months rental plus directors guarantees u
Outgoings PayableTenant as per lease
AgeModern
Air ConditionerYes
AvailabilityImmediate
Car Parking FeesN/A
Car Spaces5 on site spaces plus 1 common
ConditionVery Good
FloorsCarpet
Height2.7 metres approx
LiftsNA
Roller DoorsN/A
SprinklersN/A
Wheel Chair AccessN/A
ZoningCommercial 1
Outgoings
Owners’ CorporationSee other charges
Council RatesSee other charges
Water RatesSee other charges
Land TaxSee other charges
Other ChargesTotal payable by lessee $8,796 approx.

Agent Details

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