POINT OF INTEREST:
Size up your investment portfolio with the acquisition of this quality retail/commercial space, situated on the ground floor of the impressive Villa & Forge development. Leased to the Commonwealth of Australia on behalf of Kate Thwaites Federal Member of Parliament, the property is surrounded by complimentary local amenities which include Warringal Shopping Centre, Coles, Leo's Supermarket and Aldi. Close proximity to the well known medical precinct including Austin Hospital, Mercy Hospital for Women, Warringal Private Hospital and Olivia Newton- John Cancer Wellness & Research Centre.
- Total floor area: 196 sqm* (182 sqm* NLA)
- Tenanted to Commonwealth of Australia
- Lease term: 3 + 3 + 3 years
- Current Rental: $106,012.00 p.a. Gross
- 2 secure car spaces allocated to this lease
- 4 spare car spaces offering potential to increase return by an additional $7,200 pa
- Generous depreciation allowances
POINT OF VIEW:
An acquisition that can only drive your investment forward.
Pricing excludes GST