1 Ricketts Road, MOUNT WAVERLEY VIC 3149 SOLD
- Two suites in modern office complex
- Securely leased to longstanding tenant
- Circa 6% - 6.5% plus return
Description
Exceptional opportunity to acquire one or both of these two securely leased investments located within this modern office development. The properties are being sold via an Expression of Interest sale campaign closing Thursday 1st December 2022 at 2pm.
Key property features comprise:
Suite 17:
* Income: $61,818 pa + GST and outgoings
* Building area: 177 sqm approx. + 9 cars
* Lease term: 3 + 5 + 5 years
Suite 18:
* Income: $43,449 pa + GST and outgoings
* Building area: 127 sqm approx. + 4 cars
* Lease term: 3 + 5 + 5 years
* Both suites securely leased to longstanding legal tenant – Hicks Oakley Chessell Williams
* Tenant has been in occupation for 20+ years
* Perfect for Self-Managed Super Funds (SMSF) and entry-level investors
* Excellent natural light and northern aspect
* Unbeatable access to the Monash Freeway
Ideally located within this modern office complex, the property enjoys unbeatable access to the Monash Freeway via Forster Road on/off ramp and is within proximity to a number of major arterial routes.