Comprising approx. 740m2 of floor space in total this premier professional complex is situated in a prime location on a main street. The property is in excellent condition, is air conditioned, has varying room sizes that provide great flexibility, has quality fixtures and fittings, excellent toilet facilities on both levels plus off street parking included. 104 Raymond Street (ground floor), is currently let at $35,121.48 p.a. + GST, whilst 108 Raymond Street (level 1) is let for $30,104.04 p.a. + GST, with the tenant paying the outgoings; this building will give a shrewd investor a very healthy 7.25% yield.
With its current zoning Commercial 1Z it provides an investor flexibility in the types of tenancies and with its great location would suit any permissible type of retail/office use. This is a great opportunity to purchase an outstanding piece of real estate in a prime location. At this asking price it absolutely represents value for money.
For a Due Diligence Checklist go to:
consumer.vic.gov.au/duediligencechecklist