Unit 102/23-25 Gipps Street Collingwood VIC 3066

Knight Frank is pleased to present this high yielding investment for sale at 23-25 Gipps Street in Collingwood.

Unit 102 is securely leased to 'Webb Plus', a specialist interior architecture practice.

This 80 sqm office space is currently returning $32,442 NET per annum on a 3 year lease term with an option to extend until September 2024.

Key features
- 80sqm Office space
- 1 Allocated car space on title
- Communal balcony area
- Fully fitted office space
- Kitchen in-suite
- Close to major arterial roads
- 2km from Melbourne CBD

Investment Details
Current Lease 3 Years
Annual Return - $32,442 NET
Increases 4% annually
Options to extend 1 x 3 Year option
Tenant Webb Plus

Please contact one of the exclusive Knight Frank agents for further information.