- Outstanding entry-level retail/office/allied health leased investment opportunity in the exclusive Pentridge Precinct
- Freshly painted building area of 47 sqm approx with split system air conditioning
- Features an abundance of natural lighting with the floor to ceiling façade windows
- Fully fitted with a kitchenette, DDA-compliant toilets, polished concrete flooring, and gallery lighting
- Other extras including floor to ceiling blinds, additional dedicated power circuits and points on all wall
- Close proximity to the recently completed IGA and shopping/office amenities
- Secure basement car space
- Activity Centre Zone
- NO GST PAYABLE
Summary of the lease terms:
Lease term: Two (2) years from 5/5/2023
Options : Two years (2) plus one (1) further term of one (1) year
Current rental : $22,360 per annum inclusive of outgoings
Reviews : Fixed 4 percent annual increases. Market review on each option to renew.
From 1 July 2024, the State Revenue Office allows buyers of commercial and industrial properties to choose between paying stamp duty at settlement or spreading the payments over 10 years.
For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com
DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.
