Knight Frank and Dawkins Occhiuto are pleased to offer this exceptional securely leased investment for sale by Expressions of Interest closing Thursday 2nd November at 3pm.
This outstanding investment opportunity located at 30 Janefield Drive, University Hill, Bundoora is 100% leased with major tenants, RMIT and Royal District Nursing Service (RDNS). The property provides a current net annual income of $1.56m (approx.) with an impressive WALE of 9 years.
Developed by MAB Corporation and completed in 2015, the offering comprises a four level 3,960 sqm (approx.) commercial building with three levels of office and seven ground floor retail tenancies.
Key features of 30 Janefield Drive, University Hill, Bundoora include:-
- 100% leased with 9 year WALE
- Current net annual income of $1,563,518 (approx.) + GST
- Secure leases to RMIT (expiry 2030) and RDNS (expiry 2025)
- Near new building (2015) with significant depreciation benefits
- Substantial land holding of 5,748 sqm (approx.)
- Ample onsite car parking
- NABERS Exempt
30 Janefield Drive is situated in the heart of the University Hill Town Centre, approximately 18km* to the north of the Melbourne CBD. The building benefits from outstanding surrounding amenity including a Shopping Centre, Uni Hill Factory Outlet, Childcare, Medical Centre, Gym, Cafes and Restaurants.
For further information or to arrange an inspection please contact your preferred agent below.
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