Near to Council Chambers and opposite Harry Sawkins Park.
Present use – Ground Floor proposed cafe Approx 75m2 Deck is 50m2.
First Floor Office Vacant 366m2
Second Floor Office Under lease 366m2
Parking – 11 on site
Improvements – New and Modern A grade professional offices, High Glass sliding doors leading onto patio, Lift, Toilets, Estimated total floor area – 857m2
Tenancy – Ground Floor Cafe under offer. Rent $30,000 pa + GST.
1st Floor Available for rent Asking $100,000 pa + GST. 2nd Floor under lease 5 x 5 x 5 comm 06/09 – $99,400 pa
Estimated Gross rent = $229,000 Fully Leased
Estimated Outgoings = $14,000
Estimated Nett Return = $215,000
Comments – Prestige professional offices in a favored position and designed to take advantage of the outdoors and sunshine. Plan is being prepared for strata.