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Investors and Owner Occupiers Take NoteProperty ID 1579058This well positioned office complex offers high exposure to a major Ballarat CBD arterial road and provides a great opportunity for business owners or investors to combine ownership with investment. The appealing 2 storey corner office building incorporating 3 titles and 8 on-site car parks provides air-conditioned and carpeted accommodation including various offices plus excellent amenities. The ground floor with an area of approximately 334m2 is available for occupation early in 2017 or will be available for lease at $90,750pa + GST and Outgoings. The first floor with a total area of approximately 280m2 is made up of 2 tenancies. One is currently available for lease at $28,000pa + GST and Outgoings whilst the other office is leased to QBE until November 2017 at $43,383pa + GST and Outgoings with a further 5 year option. In such a busy and prominent location this is a terrific opportunity to secure an outstanding modern office to improve your image or a great investment to add to your portfolio with potential income fully let of approximately $162,000pa net which would yield a net return in the range of 7.9% to 8.3%.
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