3/220 Varsity Parade, VARSITY LAKES QLD 4227
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- 12 Oct 2016
8%+ Tenanted Office Investment
Tenancy Size: 110sqm
Net Passing Income: $35,793 per annum
Car Parks: Four on title
Zoning: Centre Zone Code
On behalf of the seller, CBRE has the pleasure in offering for sale Lot 3, 'Gallery Vie Commercial', 220 Varsity Parade, Varsity Lakes.
The subject offering comprises 110sqm of ground floor office space currently occupied by two tenants, Trak Accountants (62sqm) and Just Better Care (48sqm). Gallery Vie is located in central Varsity Lakes, surrounded by professional offices and services, restaurants, cafes and retail among medium-density, low-rise apartments. Net passing income is $35,793* across both tenants on various terms.
Lot 3, 'Gallery Vie Commercial', 220 Varsity Parade is being offered For Sale by Private Treaty, list price $445,000.
For further information, please contact the exclusive marketing agents of CBRE on the links above.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
3/220 Varsity Parade VARSITY LAKES