2-6 Donnelly Avenue,
Toronto, NSW 2283
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GOVERNMENT TENANT INVESTMENT
This solid brick lakeside building was purpose built in the year 2000 for government tenants - Centrelink / Medicare.
Currently bound to a 3+3+3 year lease , the building is split into two separate suites & offers:
- Net return approx. $300k p.a.
- Federal government lease to Dept of Human Services.
- Vacant suite of 538m2 with (12) secure car parks
- Potential net return of $420k p.a when fully let
A great opportunity exists here to acquire a government building with a vacant portion that may suit owner occupiers - in particular medical practitioners as suite 2 includes (12) car parks.
Investors looking to lease the vacant suite have potential to increase the annual rental income to over $400k per annum.
A solid, well built property in the heart of one of Lake Macquaries busiest economies.
Currently bound to a 3+3+3 year lease , the building is split into two separate suites & offers:
- Net return approx. $300k p.a.
- Federal government lease to Dept of Human Services.
- Vacant suite of 538m2 with (12) secure car parks
- Potential net return of $420k p.a when fully let
A great opportunity exists here to acquire a government building with a vacant portion that may suit owner occupiers - in particular medical practitioners as suite 2 includes (12) car parks.
Investors looking to lease the vacant suite have potential to increase the annual rental income to over $400k per annum.
A solid, well built property in the heart of one of Lake Macquaries busiest economies.
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Property ID: 501988270Last Updated: 20 Sep 2016
04253027...![realcommercial.com.au logo](/listing-ui-assets/img/rca-logomark.svg)
2-6 Donnelly Avenue
Toronto, NSW 2283
MOVABLE92-94 Darby Street
COOKS HILL, NSW 2300
COOKS HILL, NSW 2300
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