PROPERTY DETAILS:

The land: Know as Lot 7 on Strata Plan 55770 of some 203 m2

Term: 2 years from and including the commencement date and termination date.

Rent: Initial rent $13,195 per annum + GST; payable in twelve equal monthly installments of
$1099.58 + gst

Estimated out goings: $4364.50 payable in twelve equal monthly installments of $363.70

Rent review per 12 months: As per 9.3 of the lease which states:

Minimum Annual Increase- In no case will the review or adjusted Rent be less than the Rent payable immediately before the relevant Review Date, plus 5% (Plus GST)

Two Option Terms of 2 years. NB: 2 months’ rent payable in advance+ outgoings

Lessee to pay lease documents proportion of $990 (Plus GST).
Lessee to pay $2500 security deposit
Lessee to pay one month’s rent+ outgoings of $1,463.28 (Plus GST)

SIZE: 203m2