The Centrelink Building in Ararat presents a golden opportunity to secure an investment nest egg. Ideal for your long term superannuation or investment portfolio this 12 year old Commercial Building around 643 sq.m. approx. (537.8sq.m. NLA) has a blue chip, Australian Government tenants Centrelink, Medicare & NDIS. Recently renewed for a 5 year lease term commencing 2nd March 2020 Rent $184,000 p.a. plus GST Gross, with a further 4 + 4 year options, CPI increases and indicative rent yields returning around 5.7-6.2%. Land size 955 sq.m. in a high profile CBD, Western Highway corner location. The very spacious office building has a high quality modern facade & fitout which includes new floor coverings, staff amenities, kitchen, manager's office, interview rooms, staff outdoor dining area and 9 off street car park spaces in a secure lockup compound easily accessed from the rear laneway. Enquire now for a comprehensive Information Memorandum. Sale by Fixed Date closing 12noon on Monday 21st June, 2021 unless sold prior (Genuine cash offers seriously considered prior to end date). Indicative buyer range $2.4-$2.6 million). For more information or to arrange an inspection contact listing agents Phil Clark 0417 509 026 or Fiona McDonald 0428 212 959 or call our Ray White Ararat office on 03 5352 2303. Listed in conjunction with Terry Gazelle, Director, Buckingham & Company Estate Agents.
