306/75 Tulip Street Cheltenham VIC 3192

Situated in the highly sought-after Tulip Green Business Centre, this light-filled 50sqm* office offers a healthy investment within the thriving Bayside Business District.

Leased to Bayside Speech & Literacy Hub on a new 3 year term, this is a solid investment in a strong healthcare category, generates an impressive 6.5% return providing a reliable set-and-forget income stream.

Key investment features:

* Modern office located on the top floor: 50sqm*
* Tenant: Bayside Speech & Literacy Hub
* Annual rental income: $17,000 p/a + Outgoings & GST
* Newly signed 3 + 2 year lease
* 3% annual rental increases
* Two (2) car spaces on title
* Open plan office, fully carpeted with air conditioning
* Basement storage cage
* Great natural light & views out to Sandy Golf Links course
* Common kitchenette and bathroom amenities on all floors
* Use of shared boardroom facilities for client meetings
* Visitor car parking and off-street parking on Tulip Street
* Stunning landscaped courtyard area and rooftop terrace with city views

It's location is ideal. It's easily accessible, surrounded by sporting facilities, public transport, cafes, gyms, childcare and Westfield Southland. With the beach just minutes away, this location delivers the perfect balance of business, convenience and lifestyle.

For further details or to arrange an inspection please contact:

Cameron Williams 0412 366 565

DISCLAIMER:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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