For Sale by Private Treaty
? 3 Level office building with undercroft parking with a building NLA 1,130 sqm and gross building area 1,380 sqm
? Land area 823 sqm
? Small vacacy to suit owner/occupier
? Full leased income $466,307
? Passing Net Income $356,582 from 1 December
? Diverse Tenancy Mix
? Adjusted rents to reflect current market
? Corner location with excellent natural light
? 34 car-bays on site
? Unique opportunity to secure a foot hold in the tight inner city market at a relatively cost effective entry point
Asking Price $5,300,000 to reflect 8.8% on fully leased basis and 6.73% on passing income. Seller will negotiate.