Shops 1 - 10/63 - 65 Macalister Street Sale VIC 3850
- 370 m²
- For Sale, $620,000
MACALISTER COURT AN A1 INVESTMENT OPPORTUNITY
Set in the vibrant Sale CBD precinct is this well renowned commercial office hub that has been a constant in the local area for many years.
With 10 office suites across the facility in an area of 370M2 the building is fully let with Quantum Support underpinning the tenancies, currently occupying eight of the offices on secure leases that expire on the 18/4/2020 with 2 x 1 year options. The other two offices are let on periodic tenancy arrangements to long standing tenants.
Total Income 18/19 $47,189.30 - Lease Term
Quantum support 1-4,6-7,9-10 Expires 18/4/2020
Options 2 x 1 year on all Quantum leases.
Shirley Millard Office 5 Periodic from 16/6/2015
Maree Tranter Office 8 Periodic from 29/6/2015
Outgoings: Quantum Pay 80% all outgoings.
Offices 5 & 8 rents are all inclusive.
BOASTING A GROSS 7.61% RETURN
|Floor Area||370 m²|
|Land Area||Ask Agent|
|Annual Return||Ask Agent|
|Last updated||11 Jul 2019|