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Unit 1 / 220 Bay Road
Sandringham VIC 3191
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Teska & Carson

Unit 1 / 220 Bay Road Sandringham VIC 3191

  • Medical / Consulting
  • 93 m²
  • For Sale, Contact Agent

ENTRY LEVEL BAYSIDE INVESTMENT

  • Entry level investment - secure tenant
  • One of 30 Kieser locations around Aus
  • 4 year lease commencing July 2023

Teska Carson are pleased to offer to the market Unit 1, 220 Bay Street, Sandringham for Private Sale.
The property has the following investment highlights:
+ Income: $41,200 per annum + GST and all usual outgoings
+ 4 year lease to Kieser
+ One further 5 year option
+ 93 square metres with 2 car parks on title 
+ Attractive 3% annual rent increases, ensuring future rental growth
+ Strategically positioned within the Gardenside Development, which comprises 147 apartments with many more substantial developments either built or in planning within close proximity.
For more information or to arrange an inspection please don't hesitate to contact the listing agents.

Property Highlights

Floor Area93 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019279158
Category
Last updated  10 Jul 2024
Map for Unit 1 / 220 Bay Road Sandringham VIC 3191

Property Highlights

Floor Area93 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019279158
Category
Last updated  10 Jul 2024

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