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258-264 Gray Street, HAMILTON VIC, 3300

Sold
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Property Sold in 258-264 Gray Street, HAMILTON VIC, 3300

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11378605
Status:
Sold
Last Updated:
21/07/2020
Price:
Price on Request
Icon building

Property Type

Offices/Medical/Consulting/Retail
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Land Area

2987 SQM
Icon size

Floor Area

1370 SQM
Icon parking

Parking

N/A

Important Regional Centrelink Service Centre - Constructed 2012/13

+ Federal Government (Centrelink): 10 year lease plus options to 2029.
+ State Government (Department of Health & Human Services): 10 year lease plus options to 2033.
+ Generous fixed 4% (Federal Gov) & 3% (State Gov) annual rent reviews assuring growth.
+ As new 1,370 sqm office building including lift constructed 2012/13.
+ Significant depreciation benefits.
+ Irreplaceable 2,987 sqm Commercial 1 Zoned site with important 41 metre frontage to Gray Street.
+ 41 carparks on title (12 undercover)- access via Sedgewick Street.
+ Prime CBD location nearby Coles, Woolworths, ALDI, McDonalds, KFC, Harvey Norman, Target & Cheap as Chips.
+ 4.5 star NABERS rating.
+ Hamilton: Important commercial service centre servicing a trade catchment of 30,000+.
+ Estimated NET Income: $591,961pa + GST (as at April 2020).

For Sale by Private Treaty

Co Agent:
Graeme Linke
LMB Linke

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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