* Strata area of 320 sqm approx, comprising of a tenancy area of 250 sqm approx. plus 5 cars spaces on title.
* Offers direct street frontage and rear access
* Located in the well known Oxley House building situated along Gordon Street.
* Fit out, included in sale, comprises ducted air conditioning (two systems) and partition walls to create interview rooms, various offices plus open plan work station areas. There is a large lunch room and internal access male and female amenities.
* Five (5) undercover onsite parking spaces on title plus additional customer parking onsite at rear within this development
* PLUS the benefit of a large all day free council provided car park directly opposite.
* Sold subject to existing lease - Gross income of $54,690 PA GST EX
* Current lease to Enterprise & training Company Ltd (ETC), that will expire June 2022 with a further 3 year option to extend
* ETC has been an occupant of this suite since 2015.
* C/Rates - $2,500 PA approx and Strata Levies $6,700 PA approx payable by lessor. Water as incurred and payable by lessee, along with air conditioning service obligations . This means nett income is approx $45,490 PA (GST EX) and based on the asking price is approx 7.45% nett return.
* External building recently repainted and looking great
* Walking distance to the CBD on a main entry road
* A secure, office investment option.
* Call Luke Horton - 0417 406 4...
Raine & Horne Commercial
Shop 3, 136 William Street, Port Macquarie
T: 02 6584 05...