108/75 Tulip Street,
Cheltenham, VIC 3192

If you are looking for an affordable property investment to start or add to your investment portfolio then this commercial property ticks all the boxes.

Suite 108 has a renewed 3 year lease to high-tech company G-Zero Five which specialises in the development of simulation software for the design and manufacturing industry.

LEASE DETAILS:
* G Zero Five Pty Ltd
* Rent: $16,600 pa + GST + Outgoings
* Fixed 3% annual rental increases
* Renewed 3 year lease to April 2021, plus 3 year option
* Anticipated 6% per annum return

BUILDING FEATURES:
* 49sqm (approx.) office with a great aspect
* Good natural light, air-conditioning
* Corporate foyer with lift access
* Shared kitchenette & amenities
* 2 basement car parks
* Unique landscaped courtyard and boardroom facilities

This is an ideal investment property, in the heart of the Bayside Business District, which continues to grow in popularity. There's the new Southland Train Station now open, a recent makeover at Westfield and popular Sandringham Village nearby.

OPEN FOR INSPECTION:
Thursday 22 March 1.30 - 2pm followed by auction.

For further information and inspections contact:
JULIAN VAUTIN - 0420 406 6... or julianv@nicholscrowder.com.au
NIKOLA DRENDEL - 0458 003 515 or niki@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.