Level 3, 195 Wellington Road, Clayton, VIC 3168

Offices

For Sale Contact Agent

  • Property ID: 378959
  • Floor Area: 1074m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Profile Investment, Leased To An Established Tenant

POINT OF INTEREST:

A profile whole floor investment comprising 1,075m2* within the Uni Park Commercial Business Estate.
Leased to a established tenant, Future Energy Skills Ltd on a six year lease, returning $202,311.55 on a six year lease occupying 532m2* of the total floor area.

With the ability to either owner occupy or lease the remaining space for approximately $170,000.00 net per annum this investment offers a fully leased potential of $372,000.00 per annum offering a high yield.

Tenant Profile: Future Energy Skills is a non-for-profit organisation which is led by the Electrical Trades Union and the National Electrical Communications Association to work in partnership with the electrotechnology, renewable, new energy and the electricity generation and supply sectors and administrating licensing assessments to electrical apprentices.

Investment / Property Details:
- Tenant: Future Energy Skills (occupying 532m2*)
- Six (6) year lease
- Current rent: $202,311.55 net per annum
- Fully leased: $372,000.00 net per annum
- Whole top office floor: 1,074m2*
- 542m2* vacant space providing for an additional $170,000.00 net per annum
- Circa 8% on a fully leased basis
- Dual lift access and foyer entrance
- 55 on grade and basement car spaces

POINT OF VIEW:

Prominently positioned on Wellington Road comprising an impressive whole top floor, this strategic investment offers an array of options.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 30 / 60 / 90 Days
  • Lease Term: Six (6) years
  • Rent Review: 3.5% increases p.a
  • Car Spaces: 55 onsite
  • Condition: Excellent
  • Air Conditioning: Yes
  • Floors: Carpet
  • Lifts: Yes
  • Age: 15 years old
  • Car Parking Fees: Included in rental
Outgoings
  • Water Rates: TBC
  • Land Tax: TBC
  • Council Rates: TBC
  • Owners Corp. / Insurance: TBC
  • Other Charges: TBC
Clayton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4423 $215 4.87%
Retail $11682 --- ---
Industrial $2866 $132 4.60%
This is the average advertised price, rent and yield for Clayton, VIC 3168*

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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×