Commercial Investment at 9.875% net return
- Building: 660m²
This functional purpose built office facility is currently leased to the Commonwealth of Australia with Centrelink & Medicare occupying through to Nov 2021 with options through to 2027. The building features 660m2 of fully air conditioned office space, including a number of partitioned offices, open plan work areas, staff rooms, disabled & shower amenities and external break out area. The office is disabled compliant with electric glass sliding doors and complies with the tenants` stringent security requirements such as swipe card readers. There is a sealed car park at the rear of the property for 23 cars secured by electric gates along with 2 x undercover parks secured by an electric roller door with a driveway along the side of the building providing access to both facilities. The property has been meticulously maintained and presents in excellent condition.
Land Area: 2,023m2
Building Area: 660m2
Leased till Nov 2021 with options through to 2027
Leased to Centrelink & Medicare
Currently Returning: $316,276* pa net plus GST
Sale Price: $3.2M (Going Concern) 9.875% net return
For further information please contact Ray White Commercial for a detailed Information Memorandum.
John Dwyer 0439 034 010
Adrian Pascoe 0417 622 240
Graeme Russell 0448 410 067