This outstanding commercial property located in a highly visible location in the heart of the CBD is the ideal investment to add to your portfolio.
Currently there are two long term tenants with long leases in place giving the new owners future income security. The total rental returns for the property are 19,076.42 pcm + Outgoings.
The property can be divided up into five separate tenancies (if required) making this commercial property dynamic and flexible to accommodate multiple types of tenancies.
There is approximately 865m2 of office space situated on a large 3150m2 parcel of land. The zoning for the land is Central Business (CB)
All three buildings offer a combination of office/boardroom space, reception areas and kitchenette and toilet facilities. An appealing attraction to the property is the 49 car parks that are on offer. It's rare to have this kind of parking space right in the centre of town. Some fixture and fittings in one of the tenancies are also owned by the current vendor.
Two of the three buildings are heritage listed, there is opportunity to further develop this property if you want but will be subject to relevant approvals.
This property is in a high desirable location and is surrounded by other popular businesses.
If you would like to find out more feel free to contact Lindsay on 0439 034 711.
Property ID: #LSI5422
