65 Duchess Street, BUSSELTON WA 6280
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- 19 Dec 2016
Superb Blue Chip Government Tenant
This state of the art office is 570sqm of gross lettable area featuring a quality fit-out belonging to the Owner and a unique 4 star NABERS energy rating. The property features an open plan office configuration with quality reverse cycle air-conditioning and 7 car bays, which is all located on over 1,000sqm of land. The property is directly opposite a major shopping centre redevelopment within the city centre.
Busselton Centrelink offers the ideal opportunity for large investor groups, self managed superfunds or syndications to participate in one of the State’s most secure opportunities to be offered in recent times. This superior and quality built property, boasts an Australian Government lease, coupled with being located in one of the strongest growing regions in the whole of Australia and the added benefit of great depreciation allowances. This is an absolute premier opportunity for the most discerning investors seeking a cast iron guarantee against the uncertain economic times yet with full blue sky potential of the expanding South West of Western Australia.
Busselton is one of the fastest growing regions in the South West and is a major regional centre for economic growth focused around tourism agriculture, mining, fishing and recreation. With the introduction of the new freeway, Busselton is only 230kms south of Perth and on the fringe of the exciting Margaret River wine and costal region.
Land Area: 1,017sqm
Gross Building Area: 573sqm
Net Building Area: 522sqm
Town Planning: Busselton Town Centre Retail Precinct
Description: The building is just over 7 years young and have been tenanted for 7 years with 1x3 year option by CES Tenancy: Commonwealth Employment Services
Market Review: Annual to CPI Index or 3.5%, which ever greater
Current Rental: Approx $217,000 net
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
65 Duchess Street BUSSELTON