Suites 6 & 7, 860 Doncaster Road, Doncaster East, VIC 3109

Offices

Sold

  • Property ID: 356146
  • Floor Area: 282m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 282m2 N/A Contact Agent
Modern Office Investment- Sought after Doncaster Location

POINT OF INTEREST:

Two professional office suites located within a modern three level building comprising an extensive office partition fit-out, reception with two meeting rooms and kitchen. The property is generously filled with natural light with modern finishes throughout. Opportunity for the investor and/or part owner occupier wishing to also earn an additional rental income.

Property Summary
- Total area: 282sqm*
- Two titles
- Perfect investment and/or opportunity to part occupy and operate as a serviced office business
- Well appointed fit-out incorporating partitioned offices, meeting rooms, reception and kitchen/breakout space
- 8 car spaces

Investment Summary
- Projected annual rental $130,572.77 per annum (based upon 100% occupation)
- Multiple tenancies
- High yielding return
- Potential to owner occupier and collect rental income

POINT OF VIEW:

Situated 16 kms* from Melbourne’s CBD, the property is positioned on a high exposure corner position of Doncaster and Wetherby Roads and is 1.5km* to the Eastern Freeway.

Located just moments from Westfield Doncaster which is renowned for its high profile occupiers as well as an abundance of hospitality and retail stores. Some of the many surrounding major traders include Doncaster BMW, Mercedes Benz, Audi, KFC, Dan Murphys & BWS.


*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Subject to Leases
  • Lease Term: Refer to Tenancy Schedule
  • Rent Review: Refer to Tenancy Schedule
  • Car Spaces: 8 car parking spaces
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Concrete/Carpet
  • Lifts: Yes
  • Height: 2.7 metres approx
  • Age: circa 2008
  • Car Parking Fees: NA
Outgoings
  • Land Tax: $725.00 (single holding)
  • Council Rates: $4,072.20 (both suites)
  • Owners Corp. / Insurance: $12,810.24 (both suites)
Doncaster East Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6800 $314 4.61%
Retail --- $476 ---
This is the average advertised price, rent and yield for Doncaster East, VIC 3109*

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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