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Premium Bayside Investment. $560,000 Returning 6.25% nett!

15/328 Reserve Road, CHELTENHAM VIC, 3192

Sold

Property Sold in 15/328 Reserve Road, CHELTENHAM VIC, 3192

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11168973
Status:
Sold
Price:
Sale: $560,000 Lease: $35,000 Annual + Excl. tax
Last Updated:
02/10/2019
Icon building

Property Type

Offices
Icon square

Land Area

N/A
Icon size

Floor Area

124 SQM
Icon parking

Parking

N/A

Premium Bayside Investment. $560,000 Returning 6.25% nett!

JUST LEASED -This impressive individual self-contained two level office building is positioned within the Hallmarc Business Park Bayside; an immaculately presented architecturally designed state-of-the-art Business Park with an onsite café.

Hallmarc Business Park Bayside is ideally located close to Nepean Highway, Westfield Southland Shopping Centre, Golf Courses, Sandringham Yacht Club, Cheltenham Railway Station and Sandringham Railway Station.

The property has just been leased to JMR Partners Pty Ltd Accountants & Auditors and Tajkoby Pty Ltd on a new 3 + 3 + 3 year lease commencing 1st January 2016, returning $35,000 per annum net, with 4% increases each year, and a market review at the end of the first term. 

Property Features:
- 124m2* floor space over two levels
- Kitchenette on ground floor
- Amenities on ground and first floors
- 3 allocated car spaces
- On-site café
- Cash bond and personal guarantees

For more information, contact CVA Property Consultants.

*approx

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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