327-333 Police Road,
Mulgrave, VIC 3170

Colliers International is pleased to offer buyers the chance to purchase 327-329 & 331-333 Police Road, Mulgrave. The properties are For Sale by Expressions of Interest closing Friday 29th August 2014 at 2pm (AEST) and the two properties, which are on separate freehold Titles, can be purchased either together or separately.

This unique offering will be of interest to both investors and owner occupiers. 327-329 Police Road is offered as an affordable fully leased commercial investment while 331-333 Police Road provides both investors and part owner occupiers the opportunity to purchase an office building with strong corporate presence in a central accessible location.

Colliers International invites your participation in the Expressions of Interest for these two outstanding commercial office buildings. Inspections of the buildings can be arranged by appointment and a comprehensive Due Diligence CD is available upon request.

LETTABLE AREAS
327-329 Police Road - 2,228m² (approx.)
331-333 Police Road - 2,351m² (approx.)
Total Lettable Area - 4,579m² (approx.)

LEASE DETAILS
327-329 Police Road - $600,000 pa net secure income
331-333 Police Road - $308,000 pa current income – 50% leased
Combined - The potential fully leased net income is $1.215 million pa (approx.)

NABERS RATINGS
327-329 Police Road - 3.5 Stars
331-333 Police Road - 3 Stars