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Circa 5.5% Return in Blue Chip Suburb - Brand New Lease t...

5/1016 Doncaster Road, DONCASTER EAST VIC, 3109

For Sale

Property for Sale in 5/1016 Doncaster Road, DONCASTER EAST VIC, 3109

Listing ID:
11361995
Status:
Active
For:
Sale
Price:
$680,000 - $700,000
Last Updated:
04/12/2019
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Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

137 SQM
Icon parking

Parking

3

Circa 5.5% Return in Blue Chip Suburb - Brand New Lease to Education Tenant

Only just leased and now offered for sale, this rare opportunity provides the ideal chance for the astute investor to acquire a well located asset in one of Melbourne's booming capital growth and development precincts. Underpinned by a scarcity and a lack of commercial investment supply in the municipality, in addition to an unrivaled position with ease of access to both public transport and the Eastern Freeway, this high yielding offering is sure to meet your requirements to kick start or add to your existing portfolio with a strong and reliable tenant.

• Leased at $38,000 per annum net
• Brand new 2 year lease
• 3% rent reviews
• Building area | 137m2 approximately

For more details, please email agent

Ray White Commercial Diston Asset Services

1-3 Rooks Road, Nunawading, VIC 3131


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