Knight Frank in conjunction with Colliers are pleased to present this brand new dual-tenanted investment opportunity located at 7 Woolcock Street, Hyde Park to the market For Sale. Key features include: - High profile 683 sqm fringe CBD site with exposure to main arterial Woolcock Street - Total building area of 312m² across 2 separate mirror identical tenancies (156m² each) - Fully leased with a net income of $100,000 pa (plus GST) - Strong and certain rental growth with minimum 3% annual increases - Set and forget net lease structure with tenant responsible for all usual outgoings including management fees - Brand new construction completed end of 2023 providing maximum tax saving depreciation benefits - Turn-key fit-outs in place with front reception area / waiting area, glazed boardroom, glazed partitioned office space, lunchroom with full kitchen facility, 2x toilets including disability + shower - 8 on-site car parks (including 1x disabled park) + ample street parking For more information or to arrange an inspection, please contact Dan Place at Knight Frank or Ben Wheeler at Colliers. *Approximately
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