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INVESTMENT OPPORTUNITY- TAKE BOTH!

2/81 Elgar Road, DERRIMUT VIC, 3026

For Sale

Property for Sale in 2/81 Elgar Road, DERRIMUT VIC, 3026

Rutherfords Real Estate

83 High Street, Thomastown, VIC 3074

Listing ID:
11366651
Status:
Active
For:
Sale
Price:
$1,152,000
Last Updated:
18/11/2019
Icon building

Property Type

Offices
Icon square

Land Area

N/A
Icon size

Floor Area

288 SQM
Icon parking

Parking

N/A

INVESTMENT OPPORTUNITY- TAKE BOTH!

Offices 5 & 6 combined are now for sale!

One tenant is lesing out both of the offices. A wall opening has been made for it to flow. Great opportunity to get into the market and purchase your first investment or add to your list.

Office 5
Total Area: 128m2
Asking Price: $512,000
Lease details:
Current rental: $36,000pa + GST + Outgoings
Lease term: 2 years
Lease start date: 14/01/2019
Further options: 2 further options of 2 years
Rent reviews: CPI Increase

Office 6
Total Area: 160m2
Asking price: $640,000
Lease details:
Current rental: $40,000pa + GST + Outgoings
Lease term: 1 year, 6 months & 18 days
Lease start date: 14/01/2019
Further options: 2 further options of 2 years
Rent reviews: 3% increases per annum

Features:
- Derrimut retail precinct
- Located close to major businesses, public transport and arterial routes
- Currently leased.

Contact Michael Tozer 0408 018 455 Today!

For more details, please email agent

Rutherfords Real Estate

83 High Street, Thomastown, VIC 3074


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