Modern Office Investment- Sought after Doncaster Location

Sold - Suites 6 & 7/860 Doncaster Road, Doncaster East

Investment opportunity, Offices

Sale Details

Sold on 31 May 2021

Building Area 282m²

Overview

Sale History ID: 32734
Property ID: 15919
Advertised Price: Contact Agent

Description

POINT OF INTEREST:

Two professional office suites located within a modern three level building comprising an extensive office partition fit-out, reception with two meeting rooms and kitchen. The property is generously filled with natural light with modern finishes throughout. Opportunity for the investor and/or part owner occupier wishing to also earn an additional rental income.

Property Summary
- Total area: 282sqm*
- Two titles
- Perfect investment and/or opportunity to part occupy and operate as a serviced office business
- Well appointed fit-out incorporating partitioned offices, meeting rooms, reception and kitchen/breakout space
- 8 car spaces

Investment Summary
- Projected annual rental $130,572.77 per annum (based upon 100% occupation)
- Multiple tenancies
- High yielding return
- Potential to owner occupier and collect rental income

POINT OF VIEW:

Situated 16 kms* from Melbourne’s CBD, the property is positioned on a high exposure corner position of Doncaster and Wetherby Roads and is 1.5km* to the Eastern Freeway.

Located just moments from Westfield Doncaster which is renowned for its high profile occupiers as well as an abundance of hospitality and retail stores. Some of the many surrounding major traders include Doncaster BMW, Mercedes Benz, Audi, KFC, Dan Murphys & BWS.


*Approx.
Pricing excludes GST

Additional Info
Features
TenancyRefer to Tenancy Schedule
Lease TermRefer to Tenancy Schedule
CommencedRefer to Tenancy Schedule
Rent ReviewRefer to Tenancy Schedule
Bond/GuaranteesRefer to Tenancy Schedule
Outgoings PayableRefer to Tenancy Schedule
Agecirca 2008
Air ConditionerYes
AvailabilitySubject to Leases
Car Parking FeesNA
Car Spaces8 car parking spaces
ConditionVery Good
FloorsConcrete/Carpet
Height2.7 metres approx
LiftsYes
Roller DoorsNA
Wheel Chair AccessYes
ZoningCommercial 1
Outgoings
Owners’ Corporation$12,810.24 (both suites)
Council Rates$4,072.20 (both suites)
Land Tax$725.00 (single holding)
Agent Details
CVA Property Consultants - Stan Dawidowski

Stan Dawidowski

M | 0400 448 755
T | (03) 9623 2556
E | [email protected]

CVA Property Consultants - Ian Angelico

Ian Angelico

M | 0418 336 088
T | (03) 9623 2578
E | [email protected]