This quality single level freestanding office building comprises 2 adjacent office suites within the 1 building, on 713m2 (approx) of prime Blackburn real estate.
The estimated potential rental income on a fully leased basis is $144,900.00 per annum net.
This office building is ideal for the owner occupier seeking additional income or the astute investor.
The subject property offers future development potential (STCA) as the Blackburn Central Precinct has experienced many new commercial, multi-level residential and mixed use developments over the past few years.
35 Railway Road, Blackburn is securely leased to Association of Australian Dial Before You Dig Services Ltd on a term of five (5) years + three (3) years from 1st March 2012 and returns $72,450.00 per annum net (from March 2013). The suite has a total area of 285.7m2 (approx) and features air-conditioning, glass partitioned offices, full amenities, rear access and 11 secure undercover car spaces.
35A Railway Road, Blackburn is offered with vacant possession. The suite has a total area of 285.3m2 (approx) and features air-conditioning, an open plan layout, new carpet, full amenities, rear access and 11 secure undercover car spaces.
The building of 631m2 (approx) is to be offered as a whole and features rear right of way access and a secure basement car parking area of 562m2 (approx).
The location is ideal with trains and buses on your doorstep and close proximity to Blackburn Shopping Precinct and many main thoroughfares such as Whitehorse Road, Canterbury Road, Middleborough Road, Springvale Road and Eastern Freeway.
Deadline Private Sale Closing Wednesday 6th March 2013 at 3pm
For more information please visit http://www.railwayroadblackburn.com.au/
For more details, please email agent