Currently leased to 'Asia Pacific Serviced Offices' this is the ideal investment opportunity for investors and self managed super funds looking for a stable, worry free, long term high yielding rental return (approximately 7% annual return).
The existing two year lease commenced October 2018 and currently returning $17,501.00 pa with 3% increases on the anniversary of the commencement date. The Tenant pays all outgoings except items of a capital or structural nature. The Tenant is seeking another long term lease since they are occupying both offices 405 & 406.
With an area of 32.40m2 approx the office is currently presented in an open plan environment in a prime CBD complex and fabulous location. The building facilities include reception, food court, pool and gym (tenants or owners have free access to swimming pool and modern gym).
Positioned in the heart of the city, the premise is close to Southern Cross Station, Crown Casino and Marvel Stadium.
INSPECTION
- By appointment
PROPERTY DETAILS
- Type: Commercial
- Category: Offices
Location
Level 4, 405/480 Collins Street, MELBOURNE
