Fully leased office complex with separate titles for ground and first floor offices.
Ground floor has two tenants
– Government agency GBRMPA with lease until 30 September 2024 with 3 year option
– Alternative therapist with new lease until 30 June 2022 with 2 x 1 year options.
First floor is fully leased to Finance company on new 5 year lease until 30 June 2026 with annual increases and 5year option.
6 onsite carparks
Net return of $84,123 PA
Minimum 3% annual increase in rent
Ability to divide first floor area into two smaller lease areas if required in the future.
