Knight Frank in conjunction with Colliers are pleased to present this brand new dual-tenanted investment opportunity located at 7 Woolcock Street, Hyde Park to the market For Sale.
Key features include:
- High profile 683 sqm fringe CBD site with exposure to main arterial Woolcock Street
- Total building area of 312m² across 2 separate mirror identical tenancies (156m² each)
- Fully leased with a net income of $100,000 pa (plus GST)
- Strong and certain rental growth with minimum 3% annual increases
- Set and forget net lease structure with tenant responsible for all usual outgoings including management fees
- Brand new construction completed end of 2023 providing maximum tax saving depreciation benefits
- Turn-key fit-outs in place with front reception area / waiting area, glazed boardroom, glazed partitioned office space, lunchroom with full kitchen facility, 2x toilets including disability + shower
- 8 on-site car parks (including 1x disabled park) + ample street parking
For more information or to arrange an inspection, please contact Dan Place at Knight Frank or Ben Wheeler at Colliers.
*Approximately
