This new entire floor office is currently tenanted at $72,000 P.A and is in a vibrant location on the doorstep of Deakin and the waterfront.
Tenanted by 2 financial businesses plus an accountant all covered by a head lease realising $72,000.
The fit out is first class and included in the sale.
If you can see your own office here there is an opportunity for vacant possession.
On title there are 2 car parks plus a storage unit with this property.
Current leases are 5 year terms x 3 options for a total of 15 years.
Annual CPI increases with rent reviews at each 5 year renewal.
The location of this property is outstanding and makes it a future proof investment, with cafes, the waterfront, Deakin University, public transport, residential accommodation and the Geelong cbd all within meters.
A perfect addition to any investment portfolio or self managed superfund.