14/2 Enterprise Drive, Bundoora, VIC 3083

Offices | Medical

For Sale $369,000

  • Property ID: 435887
  • Floor Area: 63m²
  • Occupancy: Tenanted
LEASED INVESTMENT OPPORTUNITY - 5 PERCENT NET RETURN

- Executive 63sqm partitioned first-floor office in the popular "University Hill" estate
- Superbly positioned with direct access to the Metropolitan Ring and Plenty Roads
- Fully carpeted and air-conditioned with an internal kitchenette
- Two designated car parks with one undercover and one open
- Disabled access and elevator to each level
- Male and bathrooms on each level
- Bathrooms are always well-maintained and clean
- A range of amenities at your doorstep - trams, cafes, shopping centres, factory outlets, hotels, child care centres, and RMIT directly opposite
- Ideal acquisition for the Self Managed Super Fund Owner Investor
- Summary of the leasing terms:
- Brand new 2 year lease from the 8.4.2024
- Two further options of 2 years and 1 year
- Returning $18,000 per annum net
- Tenants pay all outgoings
- Fixed 4 per cent annual rent increases with a market review in year one of the options
- Building tax depreciation benefits

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

Bundoora Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4355 $497 11.42%
Industrial --- $128 ---
Retail --- $488 ---
This is the average advertised price, rent and yield for Bundoora, VIC 3083*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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.
Floorplans

Property Detail Notes:

  • 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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