Two strata floors, each comprising of 587 square metres are offered for sale with brand new 4 plus 4 year leases to the Commonwealth Government from January 2008, are offered for sale by private treaty either in one line or seperately.
Each floor is rented at $204,645 per annum and outgoings are estimated at $44,000 per annum generating a net rent of around $160,000 per annum. At 8% net the property represents great value at $2.05 million a floor.