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5/259 Blackburn Road
Doncaster East VIC 3109
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Sold on 6 Aug 2015

5/259 Blackburn Road Doncaster East VIC 3109

  • Offices
  • 367 m²
  • Sold

Invest now, develop later

This blue-chip investment opportunity will excite discerning investors and has the remarkable security of an existing lease with an established National Franchised tenant.

andbull; Zone | Commercial 1
andbull; Lease | 6 years + 6 options of 5 years each (effectively 36 years)
andbull; Lease | Commenced 1st October 2013
andbull; Rental | $116,328.33 PA net from October 2015
andbull; Reviews | 4% annually
andbull; Bank Guarantee | $53,776.06
andbull; Total building area | 461m2*

The well-appointed existing property consists of 310m2* office/retail space, 150m2* of basement storage and an additional 57m2 of adjacent land that has been added to the title. This site, in a prime retail position, has plans and permits endorsed by council to erect a three storey commercial building plus basement. This exceptional plan exhibits state of the art design, fittings and fixtures displaying all the requirements of contemporary business needs and would provide facility for 12 car spaces.

In a high exposure position in the midst of a thriving strip-shopping centre and close to bus routes, freeway access, Tunstall Square and Westfield Doncaster.

*approximately

AUCTION

Auction date and time06/08/2015 12:30
Auction location5/259 Blackburn Road, Doncaster East VIC

Property Highlights

Date Sold6 Aug 2015
Floor AreaAsk Agent
Land Area367 m²
ParkingAsk Agent
Property ID2012119187
Category
Last updated  7 Aug 2015
Map for 5/259 Blackburn Road Doncaster East VIC 3109

Property Highlights

Date Sold6 Aug 2015
Floor AreaAsk Agent
Land Area367 m²
ParkingAsk Agent
Property ID2012119187
Category
Last updated  7 Aug 2015
117 Canterbury Road Heathmont VIC 3135

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