2.18, 203-205 Blackburn Road, Mount Waverley, VIC 3149

Offices

Sold $310,000

  • Property ID: 340143
  • Floor Area: 45m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Suite 2.18 Sold N/A 45m2 N/A N/A
Fantastic Low Entry Investment!

This brilliant investment opportunity located at Suite 2.18, 203-205 Blackburn Road, Mount Waverley is offered for private sale with a brand new lease in place.

Key Investment Features:
- Income $18,500 (Gross) plus GST
- Leased to Esther Tan Lawyers.
- 3 year lease commenced 11th November 2019
- 2 further 3 year options.
- Fixed 3% annual rental reviews, Market review at options
- $5,087.50 security bond and personal guarantee

A light filled open plan office situated in a brilliant building comprising carpet throughout, reverse cycle air conditioning, and access to amenities and kitchen. Additional features include onsite basement car parking with two allocated car spaces, storage cage and serviced communal reception (if required).


Convenient location within walking distance to Syndal Train Station, bus services passing by and a vibrant shopping strip just across the road makes this a great package for the astute investor.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 30-60 days
  • Lease Term: 3 Years Plus 2 Further Terms Of 3 Years
  • Rent Review: 3% annual, market at review
  • Car Spaces: 2 basement car spaces and storage cage
  • Condition: Very Good
  • Air Conditioning: Split System
  • Floors: Carpet
  • Lifts: Yes
  • Age: 11 years
  • Car Parking Fees: Included in rental
Outgoings
  • Water Rates: $341.00
  • Council Rates: $756.00
  • Owners Corp. / Insurance: $2,410.00
Mount Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6142 $379 6.17%
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™.
  • 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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