Renewed 6 year lease to October 2022 plus two further 3 year options to 2028
Modern Centrelink & Medicare facility secured by Federal Government
Fixed annual 4% rent increases
Well maintained 701 sqm building with recent upgrades including internal and external painting and new carpet throughout
On-title parking for 8 cars plus adjoining council car park
Significant 1,154 sqm site with premium Commercial 1 zoning
Excellent tax depreciation benefits
Easily managed single tenant investment
Rosebud: fast growing Mornington Peninsula location with easy access to South eastern suburbs and Melbourne CBD via the Peninsula Link
Rent: $259,764 pa (est Oct 2017)