SOLD
Set in the vibrant Sale CBD precinct is this well renowned commercial office hub that has been a constant in the local area for many years.
With 10 office suites across the facility in an area of 370M2 the building is fully let with Quantum Support underpinning the tenancies, currently occupying eight of the offices on overholding tenancy. The other two offices are let on periodic tenancy arrangements to long standing tenants.
Total Income $52,480
Lease Term
Quantum support 1-4,6-7,9-10 ($40,000 + GST + outgoings)
Shirley Millard Office 5 Periodic from 16/6/2015 ($6,240 + GST including outgoings)
Maree Tranter Office 8 Periodic from 29/6/2015 ($6,240 + GST including outgoings)
Outgoings: Quantum pay 80% of the common area expenses & 100% of the individual outgoings.
Offices 5 & 8 rents are all inclusive.
BOASTING A RETURN OF 8.75%
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4333