overview

  • 1P2263
  • Offices
  • For Sale
  • 325 sqm
  • 1

Description

BLUE-CHIP INVESTMENT OPPORTUNITY WITH SECURE TENANCIES
Possessing a premium position in one of Melbourne's landmark streets, this securely leased commercial site offers purchasers the rare opportunity to lock-in an instant income stream with two reliable tenancies currently in place and secured for no less than two years.

Premium investment opportunity with secure income
Two reliable tenancies currently in place
Income secured for no less than 5 years
Current gross rental income $165,713.40 p.a.
Rent reviews of 4% per annum on each anniversary
Total floor area 325sqm approx. plus car space and basement storage
Large communal office with kitchenette, private offices and lounge
Reception area with 3 adjoining offices and kitchenette
Common room with lift access
Male and female amenities
Excellent storage options
Strategically positioned on bustling Lonsdale St, near court houses, offices and cafes/restaurants
Walk to buses, free city trams and Flagstaff Train Station

Please note: inspection time may change or cancel without notice, please check the website before attending the inspection.

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