142 Baillie Street,
Horsham, VIC 3400

Wembley Chambers, professional office and consulting suites, would make a great addition to anyone's property investment portfolio.

Wembley Chambers professional medical consulting rooms offers a unique, friendly atmosphere with modern offices, conveniently located close to the main street, between Lister House Clinic and the Wimmera Base Hospital of Horsham. Excellent customer access, parking and visibility to large signage for individual tenants that occupy the property.

A wide entrance and central passage way leads to the individual offices/consulting rooms featuring excellent quality commercial/medical grade carpet, cedar timber venetians, individual Climate controlled heating and cooling systems in each office, 2 toilets (including disabled), plus fully equipped staff kitchen, plus a rear parking area.

This unique opportunity is ideal for smaller medical consultants, councellors ect that want to work from a professional office environment, with the ability to network and refer, but don't want the expense of setting up an entire office on their own.
Whilst giving the investor knowledge that they are investing into a low risk commercial property and spreading any risk by having multiple tenants and solid ongoing rental returns.

Tenants rent include: a monthly rental plus G.S.T. This includes all outgoings - electricity, heating & cooling costs, Council Rates, Water Rates and cleaning of all common areas. It entitles the tenants to the use of 1 secure office, fully data cabled and all shared staff facilities. Plus advertising space on the large sign at the front of the property, to place your business name, logo and contact numbers. [Contents Insurance & Public Liability at the expense of the tenants].

Tenants:Rental:

Office 1 & 2: $ 12,600.00 p.a. plus GST

Office 3: $9,120.00 p.a. plus GST

Office 4: $2,400.00 p.a. plus GST

Office 5: $9,120.00 p.a. plus GST

Office 6 & 7: $18,878.40 p.a. plus GST

Office 8, 9, 10, 11. $19,467.05 p.a. plus GST

First Floor: $12,500 p.a. plus GST

Residential Unit 1: Occupied. $150 pw. $7,800.00 p.a No GST Residential

Residential Unit 2: Occupied. $160 pw. $8,320.00 p.a.No GST Residential

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$ 100,205.45 p.a. plus GST

Based on price this investment property is showing an 9.5% gross return on investment.

Outgoings paid by owner: Council Rates, Water Rates, Electricity, Plate Glass Insurance, Building Insurance, Public liability Insurance and 1 hour of cleaning per week for all common areas.

PROPERTY IMPROVEMENTS:

The front of the property has been modernised with moulding, render and painted.

Internal painting, new hospital commercial grade carpet, split systems to all rooms, fully equipped kitchen.
Modern waiting room furniture and artworks.

Full Data Cabling throughout the building back to one central hub point, making it easy for tenants to connect phones and move offices.

Please contact Nola on 0418 504 8... or email: nola@horshamrealestate.com.au