Situated on one of the busiest roads in Chelsea Heights, exposed to over 20,000 vehicles daily amongst a diverse tenancy mix of medical professionals and professional services. This investment offers a high return, backed by a secure lease and a significant opportunity for rent reversion through CPI hedging. Lease Details: Tenant: Business Strategy Advisors Pty Ltd Current Rental PA: $25,920 + GST (Gross) Term: Five (5) years – commenced 05/10/2022 Options: Two (2) further terms of Five (5) Years Rent Review: CPI Annually Special Condition: Tenant pays $1,100 contribution towards outgoings annually * Occupying for over 10-years!* The tenant has been operating since 2011 as a chartered account offering a broad range of financial and advisory services. They have occupied within the "Benchmark Complex" corporate offices for over 10 years and have built a strong client base. Location: * Mordialloc Bypass: 1.3km* * East Link: 12.9km* * Peninsula Link: 7.5km* Known as the "Benchmark Complex" the modern corporate suites offer great access from major arterials has elevator access. Located within a diverse tenancy mix and situated occupying next to complimentary occupiers such as Goodlife Health, MyCyro Wellness Centre, Wells Road Pharmacy and Dorovitch Pathology. The office has an abundance of on-site car parking and access to major arterials. Chelsea Heights has seen significant growth in recent years, enhanced by the Mordialloc Bypass; growth has been bolstered by the suburb's family-friendly atmosphere, beautiful parklands, wetlands, and proximity to the beach. The area offers various amenities, including quality schools, shopping centres, and public transport options. Key features include: * 7% return * GST exempt from sale price * Income: $25,920 + GST (Gross) * Office area: 76sqm* * Long term lease with options * CPI rent reviews * Fantastic natural lighting * Partition office and board room * Ducted heating and cooling * Natural lighting * Lift access from the ground floor For further information or to arrange an inspection, please contact the listing agent. PLEASE NOTE: * All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
E-Mail-Anfrage an Nichols Crowder - Carrum Downs
Immobilie ID: 504628664