12 Carters Avenue,
Toorak, VIC 3142

"ASSIGNMENT OF LEASE"

Ground floor premises ideally suited for dental/medical practice as well as office/retail or any other permitted use under the Business 1 zoning. Located in Carters Avenue near Toorak Road in the heart of Toorak Village.

- Building Area: 230 square metres approx.
- Current Rental: $79,335 per annum net plus GST
- Lease Term: One (1) year & Ten (10) months commenced 15 March 2009
- Further Terms: Two (2) years plus Two (2) years
- Lease Incentive: Current tenant to contribute $2,000 per month until 15 January 2011
- Available Immediately
- Rent Reviews:
1 February 2011 (first year of first renewed term) 5%
1 February 2012 (second year of first renewed term) 2.5%
1 February 2013 (first year of second renewed term) 2.5%
1 February 2014 (second year of second renewed term) 2.5%
- Car Parking: 5 on-site car spaces
- Outgoings: Payable by the Lessee

For further information, please contact:
Tamara Gross 0411 748 538