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Burgess Rawson - Melbourne

Former TV Studio, 51 John Watson Drive Mount Gambier, SA 5290

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Former TV Studio, 51 John Watson Drive,
Mount Gambier, SA 5290

Development Sites & Land • Shops & Retail • Other

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Burgess Rawson - Melbourne
Raoul Holderhead

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
04138603...
Burgess Rawson - Melbourne
Former TV Studio, 51 John Watson Drive
Mount Gambier, SA 5290

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Map of Former TV Studio, 51 John Watson Drive

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Absolute Prime Development Site

  • Fixed 3% increases
  • Former TV Studio
  • Renovate or redevelop
+ Secure leases on Telecommunication Towers to Optus & Vodafone.
+ Optus: 10-year lease to 2028 plus 10-year option to 2038.
+ TPG (Vodafone): 10-year lease to 2024 plus 10-year option to 2034.
+ Generous fixed 3% annual rent increases to Optus & Vodafone.
+ Additional short term office tenancies.
+ 850sqm building, former TV studio and offices.
+ Renovate or redevelopment opportunity (STCA).
+ Significant 2,884sqm site with additional driveway and onsite parking.
+ Located on the edge of the famous Blue Lake overlooking the City.
+ Mount Gambier: SA’s largest regional city, population of 27,000+.
+ Net Income: $79,725pa + GST

For Sale by Expressions of Interest
Closing 3PM (AEDT) Thursday 16 December 2021

RLA 293472

In conjunction with
Herbert Commercial
David Herbert
08 8725 0500
commercial@herbertcommercial.com.au

Property ID: 503957842Last Updated: 30 Mar 2022

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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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