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3/220 Bay Road
Sandringham VIC 3191
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Sold on 11 Dec 2017

3/220 Bay Road Sandringham VIC 3191

  • Shop & Retail
  • Sold

OUTSTANDING RETAIL INVESTMENT - 10 YEAR LEASE

This is a rare opportunity to purchase a long term investment to a national tenant - Kieser Training Pty Ltd.

Suite 3:
81sqm*
Current Rental:
$34,000pa + GST + Outgoings
Term:
10 years (+ 2 x 5 year options)
Commenced:
1 June 2017
Increases:
Fixed 3%

Kieser have taken a new 10 year lease over 4 brand new suites.
The new fit out will turn these suites into a modern training facility.

Kieser's location within the highly successful Sandy Hill development is understandable especially given the recent opening of the new multi-million dollar Medical Centre located directly next door.

The tenancies offer excellent exposure to busy Bay Road - Kieser make the most of this with dramatic signage on the facade of the suites and pole signage at the front of the development.

All suites come with secure basement car parking on title.

These four tenancies have separate titles and leases and are being offered together or on an individual basis.

To arrange an inspection or for further information please contact:
James Davie 0412 209 696
David Bancroft 0418 318 747
Andrew McLaren 0405 572 514
Office 9532 6088

NB
All prices exclude GST and Outgoings unless otherwise stated and all sizes are approximate.

Property Highlights

Date Sold11 Dec 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014064234
Category
Last updated  11 Dec 2017
Map for 3/220 Bay Road Sandringham VIC 3191

Property Highlights

Date Sold11 Dec 2017
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014064234
Category
Last updated  11 Dec 2017

Listed by

James Davie
James Davie
DBRE Pty Ltd
Call
0412 209 696

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