Offices | Medical

Property ID: 435887

 

LEASED INVESTMENT OPPORTUNITY - 5 PERCENT NET RETURN

14/2 Enterprise Drive, Bundoora, VIC 3083

- Executive 63sqm partitioned first-floor office in the popular "University Hill" estate
- Superbly positioned with direct access to the Metropolitan Ring and Plenty Roads
- Fully carpeted and air-conditioned with an internal kitchenette
- Two designated car parks with one undercover and one open
- Disabled access and elevator to each level
- Male and bathrooms on each level
- Bathrooms are always well-maintained and clean
- A range of amenities at your doorstep - trams, cafes, shopping centres, factory outlets, hotels, child care centres, and RMIT directly opposite
- Ideal acquisition for the Self Managed Super Fund Owner Investor
- Summary of the leasing terms:
- Brand new 2 year lease from the 8.4.2024
- Two further options of 2 years and 1 year
- Returning $18,000 per annum net
- Tenants pay all outgoings
- Fixed 4 per cent annual rent increases with a market review in year one of the options
- Building tax depreciation benefits

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

For Sale

$369,000

John Kalpakis

Mitch Kalpakis