Address available on request,
Port Melbourne, VIC 3207
Offices • Shops & Retail
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Sold
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Zoning
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A GRADE INVESTMENT OPPORTUNITY RETURNING 7.5% plus
DONT MISS THIS INVESTMENT OPPORTUNITY
This is an ideal investment opportunity currently returning $96,000.00 p.a.(net)
The building consists of a ground floor Cafe occupying 155sqm and the first floor offices having 190sqm of floor area (aprox).
The ground floor cafe has a new 5 x 5 year lease which started in May 2010 and the first floor offices have a new 3 x 3 year lease which started in August 2010. There are depreciation allowances available and the vendor is keen to sell.
* Depreciation allowances available.
* Brand Nwe development.
* Two new secure leases.
* Expect a return of above 7.5%
For more details contact Nick Bade MB: 0425 781892
This is an ideal investment opportunity currently returning $96,000.00 p.a.(net)
The building consists of a ground floor Cafe occupying 155sqm and the first floor offices having 190sqm of floor area (aprox).
The ground floor cafe has a new 5 x 5 year lease which started in May 2010 and the first floor offices have a new 3 x 3 year lease which started in August 2010. There are depreciation allowances available and the vendor is keen to sell.
* Depreciation allowances available.
* Brand Nwe development.
* Two new secure leases.
* Expect a return of above 7.5%
For more details contact Nick Bade MB: 0425 781892
Property ID: 5698304Last Updated: 5 Dec 2013
03 9699 75...
Address available on request
Port Melbourne, VIC 3207
Lemon BaxterLevel 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
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