Conveniently located on Johnston Street between Nicholson Street and Brunswick Road, Fitzroy is an opportunity to purchase an outstanding investment property.
The building consists of a ground floor level and two upper levels with access via a stairwell. The Ground floor car park which allows parking for approximately 8 vehicles is accessed via Johnston Street through a remote garage door. Other features include;
- open plan offices
- balconies
- boardroom
- kitchenette and amenities
- additional storage in the basement
The premises is currently securely leased to two tenants with lease details as follows;
Ground & 1st Floor - Tenants Union of Victoria Ltd
Term of Lease: Three years commencing 1st May 2015
Options: One further term of three years
Rent: $125,500.00p.a plus GST and outgoings
2nd Floor - Strategic Data Pty Ltd
Term of Lease: Seven years commencing 18th September 2015
Options: One further term of five years
Rent: $98,000.00p.a. (Gross)
For further details on this exciting investment please contact CVA Property Consultants.
