Unit 2/165 Grand Boulevard Joondalup WA 6027

Offices
185 m²
Sold, $850,000

Commercial Investment on High Profile Grand Boulevard

Internal Strata Area: 185 sqm
2 secure tandem parking bays
High Exposure Street Frontage

Knight Frank is pleased to present 2/165 Grand Boulevard, Joondalup for sale with the opportunity to acquire a high exposure commercial unit along Joondalup's main CBD thoroughfare, Grand Boulevard. The property is currently fully leased to one of Australia's oldest companies, Bendigo Bank who have been in occupation of the premise since 2006 and going strong.

Property Details
- Internal Strata Area: 185 sqm
- 2 secure tandem parking bays
- Fitout: Comprises a reception/waiting area, kitchen, open plan workstations

Lease Summary:
Tenant: Bendigo and Adelaide Bank Ltd
Current Lease Term: (1/03/2006 - 29/02/2024)
Option Period: 2x3 year option periods expiring 28/02/2030
Net Income: $45,250 p.a. ($250/sqm)
Potential Market Income: $54,300 p.a. ($300/sqm)

To arrange an inspection or further details, please contact the exclusive selling agents:

Zach Schreier
0452 071 037
Zach.schreier@au.knightfrank.com

Tony Delich
0418 926 410
Tony.Delich@au.knightfrank.com