Address available on request,
Mount Waverley, VIC 3149

This office building of a high standard developed and constructed by the highly regarded Pellicano Group includes a secure leases by Publicly Listed Companies over each level with a total net return of approx. $195,000 as follows.

The Lease details for the ground floor are:
*Leased to Commonwealth Bank of Australia Ltd (CBA)
* Rental of $93,600 pa net + GST
* Four year lease with two three year options
* Annual 4% increases

The Lease details for the first floor are:
* Leased to TOX Free Solutions Ltd
* Rental of $102,200 pa net + GST
* Fully fitted and partitioned
* Five year + three month initial lease from 1st October 2008
* Annual 4% rental increases
* Secured by six month Bank Guarantee
* Fully self contained with its own amenities

This is a great opportunity for an investor, security of two Public Company tenants, structured rental increases, loads of Tax Deductions available by Building Depreiation Allowances, brand new building, great location, this is an investment with the lot!

Contact Gavin Dumas 0411 878 4...