Being the first time to the market in more than 20 years this is a chance to acquire a high performing commercial first floor office investment offering both a strong return and future capital growth.
The tenant being a finance company has been in occupation for more than 20 years.
Given that the North East Link is now well under construction at a cost of approximately $16 billion, Macleod and surrounds are sure to see significant growth in the area.
Underpinned by both an exceptional location being directly opposite the Macleod train station and with a well-structured lease, the premises enjoys a superb exposure and forms part of a tightly held retail strip amidst a wide range of thriving businesses.
The asset makes use of a commercial 1 zoning, ample street car parking availability and positions itself within one of Melbourne's fastest growing corridors, making this a rare commercial opportunity in a highly sought after location.
Property features include:-
• Building area 110sqm*
• Rent $30,000 per annum + GST + outgoings
• Lease 5 + 3 + 3 years
• 5 year lease commenced 01/06/2021
• CPI increases
• 3 car parking spaces
• Monitored security system
• Professional office fit out
For further information please contact Paul Waterhouse
*Approximately
