SOLD - CONTACT LUKE CONQUEST FOR DETAILS - 0432 328 668
Conquest Commercial are pleased to offer this exceptional commercial investment leased to the Commonwealth of Australia. This brand new strata titled ground floor premises of 221 sqm* is currently being fully fitted by the Commonwealth as office space to the highest commercial standards at an expected cost value of approx $500,000 (including disabled lift). Other attributes of this investment are:
- Lease commencement: 26th October 2021
- Initial Rent: $98,345.00 per annum Gross + GST
- Lease Term: Three (3) years + Three (3) + Three (3) years
The property is located on the ground floor of a 10 level apartment development, and features prominent frontage and exposure to popular Smith Street.
Superbly located near the intersection of Smith Street and Alexandra Parade, close to Collingwood’s most desirable residential, commercial and retail hubs. The location provides excellent access to Eastern Freeway and Citylink, and direct Tram access at the doorstop into the CBD and Northern Suburbs.
The soon to be developed Fitzroy Gasworks is also located within a 2 minute walk which will be an urban village offering residential, senior high school, a sports centre and open space. This development will provide many future benefits and upside to surrounding property by activating the whole area.
The tenant covenant strength, high level fitout and above development should give investors comfort that this is a secure investment with future upside.
For further details, please contact the selling agent below.
*approx