The property comprises a ground floor 54m2 office suite offering partitioned accommodation with excellent natural light and rear outlook. The property is securely leased on a new 2+2 year lease commencing October 2013 at a current rental of $25,992pa plus all outgoings and GST.
The tenant has been in occupation for over 15 years. The building offers fantastic accommodation with well maintained modern facilities. The property also has two secure onsite carspaces. A securely leased and fantastic entry level investment ideal for the superfund.
25 Milton Parade is located on the eastern side of Milton Parade near the corner of Toorak Road. The property is located approximately 10km* south-east of the Melbourne CBD within the municipality of the Stonnington City Council. Being located just off Toorak Road the property provides prompt access to the Monash Freeway/Citylink and inner suburbs.
Furthermore the property is in close proximity to Tooronga Train Station and bus services and Tooronga Village where there are a number of retail outlets, Coles Supermarket and various cafes and restaurants.