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258-264 Gray Street
Hamilton VIC 3300
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Sold on 23 Mar 2020

258-264 Gray Street Hamilton VIC 3300

  • Offices
  • 1,370 m²
  • Sold

Important Regional Centrelink Service Centre - Constructed 2012/13

+ Federal Government (Centrelink): 10 year lease plus options to 2029.
+ State Government (Department of Health & Human Services): 10 year lease plus options to 2033.
+ Generous fixed 4% (Federal Gov) & 3% (State Gov) annual rent reviews assuring growth.
+ As new 1,370 sqm office building including lift constructed 2012/13.
+ Significant depreciation benefits.
+ Irreplaceable 2,987 sqm Commercial 1 Zoned site with important 41 metre frontage to Gray Street.
+ 41 carparks on title (12 undercover)- access via Sedgewick Street.
+ Prime CBD location nearby Coles, Woolworths, ALDI, McDonalds, KFC, Harvey Norman, Target & Cheap as Chips.
+ 4.5 star NABERS rating.
+ Hamilton: Important commercial service centre servicing a trade catchment of 30,000+.
+ Estimated NET Income: $591,961pa + GST (as at April 2020).

For Sale by Private Treaty

Co Agent:
Graeme Linke
LMB Linke

Property Highlights

Date Sold23 Mar 2020
Floor Area1,370 m²
Land Area2,987 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2016119574
Category
Last updated  3 Apr 2020
Map for 258-264 Gray Street Hamilton VIC 3300

Property Highlights

Date Sold23 Mar 2020
Floor Area1,370 m²
Land Area2,987 m²
EnergyAsk Agent
ParkingAsk Agent
Property ID2016119574
Category
Last updated  3 Apr 2020

Co-Agents

Beau Coulter
Beau Coulter
Burgess Rawson VIC Pty Ltd
Call
0413 839 898
Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304

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