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High Exposure Investment Opportunity or Purchase Vacant PossessionProperty ID 1524140A tenanted investment located on busy Maud Street and backing SunCentral, the Priority Development Area.
- Office: 228m2* + Balcony 16m2*
- Total Area: 244m2*
- Located on busy Maud Street
- Basement carpark for tenant use; 6 of which are exclusive use
- Great Exposure
Tenant: Condon Treasure Pty Ltd
Lease Term: 5 Years ( 1 year remaining)
Option: 5 Years
Commencement Date: 17th September 2012
Current Rental: $51,284.62 p/a + Outgoings + GST
Tenant is endeavouring to reconfigure the work space as they need more room - if successful they will sign a new lease
Asking Price: $680,000
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable Financial Details Water Charges (Annually) $1,260 Council Rates (Annually) $2,329 Strata Fees (Annually) $7,173 Total Annual Costs $10,762 * Nett Annual Income $-10,762 *
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.