1.11, 203-205 Blackburn Road, Mount Waverley, VIC 3149

Offices

For Sale $365,000

  • Property ID: 360481
  • Floor Area: 54m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Suite Low Entry Investment!

This brilliant investment opportunity located at Suite 1.11, 203-205 Blackburn Road, Mount Waverley is offered for private sale with a brand new lease in place.

Key Investment Features:
- Income: $22,000 plus GST
- Leased to Frinjamin Pty Ltd ATF Billson Family Trust trading as Billson Advisory
- Brand new two (2) year and three (3) month lease
- Two (2) further options of two (2) years each
- Fixed 3% annual rental reviews, Market review at options
-Tenant pays all outgoings
- $10,000.00 security bond

A light-filled open-plan office situated in a brilliant building comprising carpet throughout, reverse cycle air conditioning plus access to amenities and kitchen. Additional features include on-site basement car parking with two allocated car spaces 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: Settlement 10th September 2020
  • Lease Term: Two (2) years and three (3) months + two (2) further terms of two (2) years each
  • Rent Review: 3% annually and market review at option
  • Car Spaces: 2 basement car spaces
  • Condition: Very Good
  • Air Conditioning: Yes
  • Floors: Carpet
  • Lifts: One
  • Age: 10 years approx
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: $1,200.00
  • Land Tax: TBA
  • Council Rates: $900.00
  • Owners Corp. / Insurance: $2,950.00
  • Other Charges: N/A
Mount Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6759 $406 6.01%
Industrial --- $96 ---
Retail --- $278 ---
This is the average advertised price, rent and yield for Mount Waverley, VIC 3149*
* 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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