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High-Tech Investment

108/75 Tulip Street, SANDRINGHAM VIC, 3191

Sold

Property Sold in 108/75 Tulip Street, SANDRINGHAM VIC, 3191

Nichols Crowder Property Solutions

358 South Road, Moorabbin, VIC 3189

Listing ID:
11286111
Status:
Sold
Price:
Contact Agent
Last Updated:
20/05/2020
Icon building

Property Type

Offices
Icon square

Land Area

N/A
Icon size

Floor Area

49 SQM
Icon parking

Parking

2

High-Tech Investment

If you are looking for an affordable property investment to start or add to your investment portfolio then this commercial property ticks all the boxes.

Suite 108 has a renewed 3 year lease to high-tech company G-Zero Five which specialises in the development of simulation software for the design and manufacturing industry.

LEASE DETAILS:
* G Zero Five Pty Ltd
* Rent: $16,600 pa + GST + Outgoings
* Fixed 3% annual rental increases
* Renewed 3 year lease to April 2021, plus 3 year option
* Anticipated 6% per annum return

BUILDING FEATURES:
* 49sqm (approx.) office with a great aspect
* Good natural light, air-conditioning
* Corporate foyer with lift access
* Shared kitchenette & amenities
* 2 basement car parks
* Unique landscaped courtyard and boardroom facilities

This is an ideal investment property, in the heart of the Bayside Business District, which continues to grow in popularity. There's the new Southland Train Station now open, a recent makeover at Westfield and popular Sandringham Village nearby.

For further information and inspections contact:
JULIAN VAUTIN - 0420 406 660 or julianv@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.

For more details, please email agent

Nichols Crowder Property Solutions

358 South Road, Moorabbin, VIC 3189


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