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High Yielding Tenanted Investment for Sale

11/1 Ricketts Road, MOUNT WAVERLEY VIC, 3149

Sold

Property Sold in 11/1 Ricketts Road, MOUNT WAVERLEY VIC, 3149

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150

Listing ID:
11356967
Status:
Sold
Last Updated:
17/01/2020
Icon building

Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

174 SQM
Icon parking

Parking

6

High Yielding Tenanted Investment for Sale

Knight Frank is pleased to present this high yielding office investment for sale by Deadline Private Sale closing 11th of November 2019 at 4PM.

Suite 11 at 1 Ricketts Road in Mount Waverley is leased on a brand new 5 year lease term with two further options of 5 years, offering potential to be leased until 2034.

1 Ricketts Road is located just off the Monash Freeway, offering direct access to the CBD and beyond. The property is also close to other major arterials Blackburn Road, Forster Road and Ferntree Gully Road.

Key Features –

- 174sqm Office
- 6 allocated car spaces
- Located just off the Monash Freeway
- High quality fit-out
- In-suite kitchenette
- Male, Female and disabled toilets on each floor

Lease Details –

Lease Term – 5 + 5 + 5 years
Rental return - $76,900 plus GST & outgoings
Annual Increases – 3% increases at 4th & 5th years
Tenant – ‘Hicks Oakley Chessell Williams’

For Sale via Deadline Private Sale closing 11th November 2019 at 4PM.

Please contact the exclusive sales agents for further information.

For more details, please email agent

Knight Frank Glen Waverley

G BLDG 1 Brandon Business Park, 540 Springvale Road, Glen Waverley, VIC 3150


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