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Invest Or Occupy In This Corporate Estate

3 & 4/1-3 Compark Circuit, MULGRAVE VIC, 3170

Sold

Property Sold in 3 & 4/1-3 Compark Circuit, MULGRAVE VIC, 3170

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11254557
Status:
Sold
Price:
Contact Agent
Last Updated:
02/10/2019
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Property Type

Offices/Offices
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Land Area

N/A
Icon size

Floor Area

400 SQM
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Parking

N/A

Invest Or Occupy In This Corporate Estate

This  tremendous front of estate corporate office investment is now offered for sale or lease via Deadline Private Sale / Lease closing Wednesday 30th August 2017 at 3pm. 

This substantial office of 400m2* is divided into two separate fully self contained suites and is positioned on the renowned Wellington Road in a modern two level office building. 

Suite 4 is leased to Elite Staffing Solutions Pty Ltd on a six year lease with a current rental of $61,867.52 per annum. 

Suite 3 comprises a 200m2* quality partition and open plan office area offering a fantastic opportunity for someone looking to occupy the suite themselves or to lease the suite out at an expected rental return of $55,000.00 to achieve a total net return of circa $117,000.00

Lease summary:
- Suite 4
- Tenant: Elite Staffing Solutions Pty Ltd
- Rental: $61,867.52
- Lease term: Six (6) years + five (5) years
- Comencement date: 1st October 2013
- $20,000.00 security bond 

Property details:
- Suite 3: 200m2* (expected rental return of $55,000.00)
- Suite 4: 200m2*
- Front of estate with fantastic exposure
- 15 onsite car spaces
- Male & female amenities 
- Fibre optic internet connection

Please contact CVA for further information. 

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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