Building 1, 879 Springvale Road Mulgrave VIC 3170

Located in a quality position on busy Springvale Road, just near the Five ways intersection, this complex has prominent exposure.

SUIT $500,000 BUYERS

Built only recently, the Architect-designed office/showroom comprises 166 sqm and is fully self-contained with 5 car spaces on title.

Maximum Depreciation allowances available.

Lease Details:

* Tenant: Capital Corp Finance & Leasing
(owned by CMI Ltd)

* Term: 3 x 3 x 3 years from 01/09/06

* Rental: $40,000 pa (gross) GST
(Estimated net rental: $37,000 pa)

* Reviews: Annual 4%

For an inspection of the property and a copy of the Contract documentation, please contact:

Simon Woodman 0413 054 667
s.woodman@grayjohnson.com.au