Gorman Commercial FOR SALE

1 Ricketts Road, Mount Waverley

expression of interest

TWO HIGH YIELDING OFFICE INVESTMENTS – BUY 1 OR BOTH

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.

Listing Highlights

  • Two suites in modern office complex
  • Securely leased to longstanding tenant
  • Circa 6% - 6.5% plus return

Property Details

Asset Type
Offices
Building Area
122 - 176 m2*
Car Parking
13 spaces
Price
Contact Agent

Nathan May

0452 210 491

nmay@gormancommercial.com.au

Tom Maule

0401 636 049

tmaule@gormancommercial.com.au