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18/328 Reserve Road Cheltenham, VIC 3192

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18/328 Reserve Road,
Cheltenham, VIC 3192

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$550,000

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Premium Investment by the Bay. Returning 6.6%!

This impressive individual self-contained two level office  building is positioned within the Hallmarc Business Park Bayside; an immaculately presented architecturally designed state-of-the-art Business Park with an onsite café. 

Hallmarc Business Park Bayside is ideally located close to Nepean Highway, Westfield Southland Shopping Centre, Golf Courses, Sandringham Yacht Club, Cheltenham Railway Station and Sandringham Railway Station. 

The property has just been leased to Quick Coach Pty Ltd on a new 3 + 3 year lease commencing 1st September 2015, returning $37,000 per annum net, with 4% increases each year, and a market review at the end of the first term.

View tenant website http://quickcoach.com.au/home/

Property Features:
- 124m2* floor space over two levels
- Kitchenette on ground floor
- Amenities on ground and first floors
- 3 allocated car spaces
- On-site café
- Cash bond and personal guarantees

For more information, contact CVA Property Consultants. 


*approx

Property ID: 501669385Last Updated: 2 Oct 2019

04114233...
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18/328 Reserve Road
Cheltenham, VIC 3192

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