Investment opportunity, Offices
Building Area | 45m² |
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Rate | $6,667 per m² |
Yield: | 6.16% |
Sale History ID: | 32426 |
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Property ID: | 15720 |
Advertised Price: | $300,000 |
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This brilliant investment opportunity located at Suite 2.18, 203-205 Blackburn Road, Mount Waverley is offered for private sale with a brand new lease in place.
Key Investment Features:
- Income $18,500 (Gross) plus GST
- Leased to Esther Tan Lawyers.
- 3 year lease commenced 11th November 2019
- 2 further 3 year options.
- Fixed 3% annual rental reviews, Market review at options
- $5,087.50 security bond and personal guarantee
A light filled open plan office situated in a brilliant building comprising carpet throughout, reverse cycle air conditioning, and access to amenities and kitchen. Additional features include onsite basement car parking with two allocated car spaces, storage cage and serviced communal reception (if required).
Convenient location within walking distance to Syndal Train Station, bus services passing by and a vibrant shopping strip just across the road makes this a great package for the astute investor.
*Approx.
Pricing excludes GST
Features |
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Tenancy | Esther Tan Lawyers |
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Lease Term | 3 Years Plus 2 Further Terms Of 3 Years |
Commenced | 11th November July 2019 |
Rent Review | 3% annual, market at review |
Bond/Guarantees | $5,087.50 plus personal guarantee |
Outgoings Payable | Payable by Landlord |
Age | 11 years |
Air Conditioner | Split System |
Availability | 30-60 days |
Car Parking Fees | Included in rental |
Car Spaces | 2 basement car spaces and storage cage |
Condition | Very Good |
Floors | Carpet |
Lifts | Yes |
Roller Doors | N/A |
Wheel Chair Access | yes |
Zoning | Commercial 2 |
Outgoings |
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Owners’ Corporation | $2,410.00 |
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Council Rates | $756.00 |
Water Rates | $341.00 |
M | 0400 448 755
T | (03) 9623 2556
E | [email protected]
M | 0413 251 621
T | (03) 9623 2589
E | [email protected]