Cameron is delighted to offer 14/151-159 Princes Highway, Hallam for sale. This 250m², tenanted investment property comprises beautifully appointed, partitioned offices and functional storage area, situated within an exceptionally accessible complex with dual street frontage.
Currently returning rental income of $38,480 per annum plus GST & outgoings, with an option until 2029.
Key property features:
Partitioned offices with built-in furnishings
Inviting reception area
Small, functional storage area
Staff facilities including lunch room
Dual street access from Princes Highway and Wedgewood Road
Ample communal parking in complex
Tenancy summary:
Tenant: Building and Construction Training Australia Pty Ltd
Use: Education and training college (retail)
Current passing rental: $38,480 per annum plus GST & outgoings
Annual review: 4%
Current term: Three (3) years, expiring 31/03/2027
Options: One (1) further term of two (2) years
Contact the exclusive agents at Cameron for more information and to arrange an inspection.