LOT 71, 11-77 STUBBS STREET,
Kensington, VIC 3031

OFFICE & SHOWROOM WITH 3 CARS SPACES
Lease to commence on the day of the practical completion of the building works.
Lease Term: 3-5 Years
Further Term: 1 x 3-5 years
Rental Reviews: Rental shall increase by 4% annually.
There shall be a market rental review every 5 years and upon the commencement of any option period.
Lessee responsible for all bldng & statutory outgoings incl. but no limited to Council & Water rates, State Land Tax, bldng & public liability insurances, property & body corp. management fees.
GST: Lessee must pay to Lessor an amount equal to each lease rental payment multiplied by the GST Rate.
OFFICE AREAS:
Ground Level - 62sqm
1st Level - 63sqm
Walls: Plasterboard lining to pre-cast concrete walls behind
Floor: 100% nylon carpet, direct stuck
Ceiling: 1200 x 600 acoustic tile suspended ceiling on exposed grid
Stairs: Timber framed stairs, timber treads
Lighting: Providing 400lux to office areas
Ventilation: All office areas fully air conditioned
Structure: Steel framed
Floor: 20mm particle board flooring
General: Roadway 150mm thick concrete or asphalt pavement, designed to take normal industrial traffic
Safety: Fire service hydrants to BCA and MFB requirements, External Lighting
Signage: identification unit numbers on all units. Directory signs to be provided