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Sold on 31 Aug 2015

8 & 9/418 Princes Highway Narre Warren VIC 3805

  • Offices
  • 171 m²
  • Sold

Rare opportunity to invest here!

What an investment - corner of Princes Highway & Webb Street with the ever expanding Fountain Gate Westfield Shopping Centre as a neighbour.

Excellent offices in heart of Narre Warren's commercial precinct. Two separate tenancies and hence a flexible investment that you could occupy circa July 2018. Unit 8 is approximately 111m2 and is leased to Jakupi & Assocaites on a 3 year term that commenced 1st Feb 2014. It has set reviews to 4% and the tenant has an option term of 18 months. Unit 9 is approximately 60m² and the Tenant has just renewed for a further three (3) years effective from 1st July 2015. The reviews are 3% annually but the rental for 2015/16 has not been finalised to date. For the past twelve months the rental has been $26,877pa + GST + Outgoings.

Property Highlights

Property ID2012087254
Date Sold31 Aug 2015
Floor Area171 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  8 Jul 2015
Map for 8 & 9/418 Princes Highway Narre Warren VIC 3805
Facey Property
6 Clow Street Dandenong VIC 3175

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