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164 Boronia Road Boronia VIC 3155

  • Offices
  • 624 m²
  • For Sale, $2,410,001 (excl. GST)

Solid Investment!

I am delighted to offer this property for sale.
Located on Boronia Road, only minutes walk to the bus and train station, this property offers flexibility to an investor who may also wish to occupy one of the office suites. The property consists of 4 spacious suites, each with partitioned offices, air conditioning, bathroom and kitchen facilities and allocated car parking. The basement parking has 26 car spaces, 2 of which are storage units and is secured by a large gate for added security.  The property is offered as a whole but each suite has its own title.

Unit 1 = 186 sqm
Five year lease expiry 31st December 2024
Plus five year option term
Annual reviews

Unit 2 = 119 sqm
Three year lease expiry 31st December 2024
Plus five year option term
Annual reviews

Unit 3 = 200 sqm
Currently unoccupied

Unit 4 = 119 sqm
Brand new three year lease expiring October 2021
Plus 2 options of three years
Annual rent reviews

Nett annual rental of $83,885.52 plus potential rental for suite 3 of $37,000.00 = $120,885.52 pa plus outgoings.

For further information or to arrange an inspection, please telephone Michelle Lanigan on 0417 361 161.

Property Highlights

Property ID2014827791
Floor Area624 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  7 Jul 2020
Map for 164 Boronia Road Boronia VIC 3155
Map for 164 Boronia Road Boronia VIC 3155164 Boronia Road Boronia VIC 3155
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  • Purchase price

    $
    2,410,001

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Michelle Lanigan Real Estate Pty Ltd
Unit 1, 179 Boronia Rd Boronia VIC 3155

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