$375,000 p.a in starting rental with fixed 3% increases and no market reviews in term. ..Just see the income come in for the next 10 years!
* Brand new 10 year lease to McKenzie Aged Care Head Office
* Commencing rental of $375,521 p.a + GST + outgoings
* Fixed annual increases of 3%
* Option periods of 5 + 5 + 5 years
* 10 year cash flow totaling over $4,300,000 over the term
* Established aged care group (1998) with 17 locations around Australia
* Brand new, architecturally designed office spaces with NBN internet and 3/2 metre high ceilings
* 25 basement level car spaces for use of tenant and on title
* Excellent depreciation benefits
* First class fit out at expense of tenant
* Amazing location in Martin Street, Brighton close to Gardenvale Train Station, popular cafes and supermarket
For further information contact:
JULIAN VAUTIN - 0420 406 660 or julianv@nicholscrowder.com.au
JAMES GLEN - 0401 493 277 or jamesg@nicholscrowder.com.au
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.
