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118 Martin Street, BRIGHTON VIC, 3186

Sold
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Property Sold in 118 Martin Street, BRIGHTON VIC, 3186

Nichols Crowder Property Solutions

358 South Road, Moorabbin, VIC 3189

Listing ID:
11210965
Status:
Sold
Last Updated:
20/05/2020
Price:
Contact Agent
Icon building

Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

667 SQM
Icon parking

Parking

25

Brand New 10 Year Lease in Brighton

$375,000 p.a in starting rental with fixed 3% increases and no market reviews in term. ..Just see the income come in for the next 10 years!

* Brand new 10 year lease to McKenzie Aged Care Head Office
* Commencing rental of $375,521 p.a + GST + outgoings
* Fixed annual increases of 3%
* Option periods of 5 + 5 + 5 years
* 10 year cash flow totaling over $4,300,000 over the term
* Established aged care group (1998) with 17 locations around Australia
* Brand new, architecturally designed office spaces with NBN internet and 3/2 metre high ceilings
* 25 basement level car spaces for use of tenant and on title
* Excellent depreciation benefits
* First class fit out at expense of tenant
* Amazing location in Martin Street, Brighton close to Gardenvale Train Station, popular cafes and supermarket

For further information contact:

JULIAN VAUTIN - 0420 406 660 or julianv@nicholscrowder.com.au
JAMES GLEN - 0401 493 277 or jamesg@nicholscrowder.com.au

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

For more details, please email agent


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Nichols Crowder Property Solutions

358 South Road, Moorabbin, VIC 3189


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