Stage 2/23-25 Gipps Street, COLLINGWOOD VIC 3066
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- Offices, Retail
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- 21 Jan 2017
Fantastic Investment Opportunity in the Heart of Collingwood
Stage 2 of this magnificent development consists of 16 individual office units which includes eight (8) single level offices plus a further eight (8) two level walk-up offices located above.
23-25 Gipps Street runs off the Western side of Hoddle Street and is North of Victoria Parade. The building boasts a prime location and is within close proximity of the CBD (2.5 kilometres away).
Given the area’s popular location and fantastic surrounding amenity, there is no doubt you’ll benefit from a healthy return in a blue chip area. Significant tax depreciation benefits exist with these investments making it perfect for your self-managed superfund investment portfolio.
Tenant - Sprout Systems Pty Ltd & Lightspeed Finance Pty Ltd
Lease Term - 4+4 Years
Lease Commence - 1st August 2016
Fixed Annual Increases - 3.5% Fixed Annual Increase
Yield - 6.75% return
For further information or to arrange an inspection, please contact Matt Romanin, Tim Grant or David Gill.
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
Stage 2/23-25 Gipps Street COLLINGWOOD