Situated within the Elevation building at the center of Norwest Business Park, this spacious office spans 218 sqm plus a 36 sqm balcony. The property is a short stroll from Bella Vista Metro Station and key arterial roads (M2, M7 & Old Windsor Road). The property is a single lot, divided into two separate tenancies, showcasing a modern design specifically for the needs of medical practitioners and office users.
Highlights include:
Unit 29A
- Medical fitout
- Large balcony offering scenic views
- 5 consulting rooms
- 1 clinical room
- Kitchen area
- Generous reception space
Unit 29B
- 1 Office
- Boardroom
- Open office area
- Kitchenette
- Ample Natural Light
Key investment highlights include
Unit 29A
Tenant: Norwest Respiratory and Sleep Disorders
Lease term: 5 years
Lease end date: September 2026
Option: 5 Years
Additional option: 5 Years
Annual Rent: $64,274 per annum plus outgoings plus GST
Plus outgoing: 100% paid by Lessee
Annual increases: 3.5% per annum with market review at exercise of option
Bond Equivalent to 3 months rent
Unit 29B
Tenant: Fusion Software Development
Lease term: 3 Years
Lease end date: May 2027
Annual Rent: $40,000 per annum plus outgoing plus GST
Plus outgoing: 100% paid by Lessee
Annual increases: CPI or 4% per annum with market review at excercise of option
Bond Equivalent to 3 months rent
Unit 29A - 119sqm
Unit 29B - 90sqm
Balcony - 36sqm
Common area - 9sqm
Total: 254sqm
TOTAL NET RENTAL: $104,274
The property has 11 car spaces. One of these car spaces is on a separate title.
Close to amenities including cafes, restaurants, banks, gyms, medical centre and childcare.
Open inspection
29/08/2024 11am
05/09/2024 11am
12/09/2024 11am
19/09/2024 11am
26/09/2024 11am
