Suite 2.16, 203 - 205 Blackburn Road, Mount Waverley, VIC 3149

Investment | Offices

Sold Contact Agent

  • Property ID: 312779
  • Floor Area: 58m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Suite 2.16 Sold 05/03/2019 58m2 N/A $22,500
Suite 2.16 Sold N/A 58m2 N/A Contact Agent
Excellent Entry Level Investment showing 5.8% return

This brilliant low entry Investment opportunity located at Suite 2.16, 203-205 Blackburn Road,Mount Waverley is offered for private sale.


Key Features:
- Income $22,500 plus GST and Outgoings

- The property is leased to Pathway to Care Pty.Ltd. which is a Support Coordination and Plan Management Service for people with disability. www.pathwaystocare.com.au
- 2 year lease commenced 1st May 2019 with 2 further 2 year options.

- Annual rental reviews of 3%,Market review at options

- $6,500.00 security bond and personal guarantees


Property features include:

A light filled open plan office situated in a brilliant building comprising carpet throughout, reverse cycle air conditioner, access to amenities, kitchen plus service office reception (if required).
Additional features include onsite basement car parking with two allocated car spaces and storage cage.
Walking distance to train station, buses services passing by and a vibrant shopping strip just across the road makes this a great package for the investor.

Additional Information
Features
  • Availability: 30-60 days
  • Zoning: Commercial 1 Zone
  • Lease Term: 2+2+2 years
  • Rent Review: 3% annual, market at review
  • Car Spaces: 2 basement car spaces and storage cage
  • Condition: Very Good
  • Air Conditioning: Split System
  • Roller Doors: Not applicable
  • Floors: Carpets
  • Lifts: Yes
  • Height: N/A
  • Age: 10 Years
  • Car Parking Fees: Included in rental
Outgoings
  • Water Rates: $1,000 aprox
  • Land Tax: TBC
  • Council Rates: $899
  • Owners Corp. / Insurance: $3,211
Mount Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6142 $381 6.20%
Industrial $3234 --- ---
Retail --- $478 ---
This is the average advertised price, rent and yield for Mount Waverley, VIC 3149*

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.

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 Suite 2.16, 203 - 205 Blackburn Road, Mount Waverley, VIC 3149. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Suite 2.16, 203 - 205 Blackburn Road, Mount Waverley, VIC 3149. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars 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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