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42/296 Bay Road Cheltenham VIC 3192

  • Offices
  • 76 m²
  • For Sale, Contact Agent (under offer)

Healthy Top Level Investment

Positioned on the top floor overlooking Bayside, this is a great opportunity has arisen to buy an affordable investment in one of the best office suite in the building.

With a great medical tenant in place, National OT, an Occupational Therapy business operating Australia wide, this is a great category to invest in.

Tenancy details:

* "National OT" - Occupational Therapy business
* Operating Australia-wide
* Rental: $25,200 p.a. plus outgoings plus GST
* Circa 6.4%* yield
* 2 year Lease Agreement which commenced on 24/02/2020
* 2 year option
* Fixed annual increases

Key property features include:

* Office size: 76sqm*
* Top-floor corner office suite with Bayside/CBD views
* Modern, high-quality office complex
* Common area kitchenette
* Male & female amenities on the floor
* Three (3) secure car parks
* Easy access to lifts
* Air-conditioning and heating throughout
* 180-degree windows with great natural light
* Located in the centre of the BBD (Bayside Business District)
* Close to Southland Shopping Centre and Southland Station
* Surrounded by fitness centres, golf courses, cafes, breweries and childcare centres

For further information or to arrange an inspection, please contact:

Andrew Pannam - 0433 518 555

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images and renders are subject to copyright.

*Denotes Approx.

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2016183350
Floor Area76 m²
Land AreaAsk Agent
Parking3 x Onsite parkings
Annual Return6%
AvailabilityTenanted
Category
Last updated  18 May 2020
Map for 42/296 Bay Road Cheltenham VIC 3192
Map for 42/296 Bay Road Cheltenham VIC 319242/296 Bay Road Cheltenham VIC 3192
Nichols Crowder Property Moorabbin
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Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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