Investment | Other | Offices

Property ID: 263494

 

Invest Or Occupy In This Corporate Estate

3 & 4, 1-3 Compark Circuit, Mulgrave, VIC 3170

This  tremendous front of estate corporate office investment is now offered for sale or lease via Deadline Private Sale / Lease closing Wednesday 30th August 2017 at 3pm. 

This substantial office of 400m2* is divided into two separate fully self contained suites and is positioned on the renowned Wellington Road in a modern two level office building. 

Suite 4 is leased to Elite Staffing Solutions Pty Ltd on a six year lease with a current rental of $61,867.52 per annum. 

Suite 3 comprises a 200m2* quality partition and open plan office area offering a fantastic opportunity for someone looking to occupy the suite themselves or to lease the suite out at an expected rental return of $55,000.00 to achieve a total net return of circa $117,000.00

Lease summary:
- Suite 4
- Tenant: Elite Staffing Solutions Pty Ltd
- Rental: $61,867.52
- Lease term: Six (6) years + five (5) years
- Comencement date: 1st October 2013
- $20,000.00 security bond 

Property details:
- Suite 3: 200m2* (expected rental return of $55,000.00)
- Suite 4: 200m2*
- Front of estate with fantastic exposure
- 15 onsite car spaces
- Male & female amenities 
- Fibre optic internet connection

Please contact CVA for further information. 

Sold

$1,720,000

Daniel Philip

John Nockles