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26/328 Reserve Road, CHELTENHAM VIC, 3192

Sold
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Property Sold in 26/328 Reserve Road, CHELTENHAM VIC, 3192

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11168889
Status:
Sold
Last Updated:
02/10/2019
Price:
Sale: $600,000 Lease: $38,000 Annual + Excl. tax
Icon building

Property Type

Offices/Showrooms/Bulky Goods
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Land Area

N/A
Icon size

Floor Area

121 SQM
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Parking

N/A

Brilliant Investment in Prestigious Bayside Location**UNDER OFFER**

This prime investment opportunity is located at Unit 26, 328 Reserve Road, Cheltenham.
The subject property comprises a two level office suite of 121m2* with high quality finishes, ducted heating/cooling, suspended acoustic ceiling, commercial grade carpet, modern amenities with kitchenette, 4 onsite car spaces, first floor balcony and an excellent onsite cafe. 
Hallmarc Business Park Bayside is ideally located in the scenic Bayside area close to Nepean Highway, Westfield Southland Shopping Centre, Golf Courses, Sandringham Yacht Club, Cheltenham Railway Station and Sandringham Railway Station.

Investment details:
- Lessee: KU Children's Services Pty Ltd
- Rental: $38,000.00 pa + GST & outgoings
- Lease commencement: 1st August 2016
- Term: Three (3) year term
- Options: Two (2) further terms of three (3)
- Bond: 3 months
- 3%annual increases

Currently leased to KU Children's Services who have been in business since 1895.
KU Children's Services help families have access to affordable early child education.
Please visit www.ku.com.au for further tenant information.

Please contact CVA Property Consults for further information.
*approx

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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