8, 25 Gipps Street, Collingwood, VIC 3066

Investment | Other

Sold

  • Property ID: 287418
  • Floor Area: 169m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Unit 8 Sold 30/05/2018 169m2 N/A Contact Agent
Ground Floor Corner Office

CVA Property Consultants are pleased to offer this outstanding investment opportunity for Private Sale.

Architecturally designed corner commercial office boasting high quality finishes throughout including modern reception and waiting area, part glass partitioned offices, parquetry flooring, air-conditioning, kitchen and staff amenities, perimeter glazing with modern blind system and 2 secure on site car spaces.

The subject property is current occupied by Carer Solutions Australia who offer assistance to people with disabilities by finding appropriate care workers for their specific needs - http://www.carersolutions.com.au/

Lease Summary:
- Lease term: 4 years from 1st July 2017
- Tenant: Carer Solutions Australia Pty Ltd
- Current rental return: $60,000 pa net
- Further terms: 3 years + 3 years + 3 years
- 3% annual increases. Market review at option
- 3 months security bond in the form of a bank guarantee

Property Summary:
- Building area: 169m2*
- High quality office fit out
- 2 secure on-site car spaces
- Corner office with two street frontages
- Perimeter glazing with modern blind system
- Bathroom and kitchen facilities

*approx.

Additional Information
Features
  • Zoning: Commercial 2
  • Lease Term: 4 Years + 3 + 3 + 3 Years
  • Rent Review: 3% annually + market review at option
  • Car Spaces: 2 allocated on site
Collingwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5653 $385 6.80%
Industrial $3219 $191 5.92%
Retail $11321 $240 2.12%
This is the average advertised price, rent and yield for Collingwood, VIC 3066*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 8, 25 Gipps Street, Collingwood, VIC 3066. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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