LEASED INVESTMENT OPPORTUNITY - 6 PER CENT NET YIELD

- Positioned within the established Preston commercial precinct, this well-presented office investment provides a secure income stream with an established long-term tenant
- Functional office configuration comprising 7 main rooms, including reception area, open-plan kitchen and spacious bathroom/shower facilities
- Rear access to a secure undercover car park on title
- Flexible Activity Centre Zoning
- Leased to CVGT Australia Limited, who have occupied the property since May 18th 2018
- Current lease term commenced 1 October 2026 for a further one-year term, with one further one-year option
- Current rental of $54,742.16 per annum plus all outgoings and GST
- The property may be suitable for acquisition by a Self Managed Super Fund (SMSF), subject to the fund's borrowing structure, lender requirements and professional advice
- Potential tax benefits, including negative gearing, may be available to eligible investors depending on individual circumstances and tax advice

From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread 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.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

SEDA College (Victoria) - AFL- Preston Secondary Independent 0.50km
Preston High School Secondary 7-12 Government 0.56km
Preston West Primary School Primary Prep-6 Government 0.74km
Parade College - Preston Campus Secondary Catholic 0.85km
Preston Primary School Primary Prep-6 Government 0.86km
Sacred Heart School Primary Prep-6 Catholic 0.94km
St Raphael's School Primary Prep-6 Catholic 1.0km
St John's College Preston Combined Prep-12 Independent 1.2km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 1.3km
Preston South Primary School Primary Prep-6 Government 1.3km
Holy Name School Primary Prep-6 Catholic 1.5km
Bell Primary School Primary Prep-6 Government 1.7km
Newlands Primary School Primary Prep-6 Government 1.8km
Northern College of the Arts and Technology Secondary 10-12 Government 1.9km
Reservoir West Primary School Primary Prep-6 Government 2.0km
St Gabriel's School Primary Prep-6 Catholic 2.1km
Thornbury Primary School Primary Prep-6 Government 2.2km
Penders Grove Primary School Primary Prep-6 Government 2.2km
Preston North East Primary School Primary Prep-6 Government 2.3km
SEDA College (Victoria) - J.E Moore Park Campus Secondary Independent 2.3km
Bindjiroo Yaluk Community School-The Island Campus Secondary Government 2.5km
Antonine College - Cedar Campus Combined Catholic 2.5km
Sydney Road Community School-Coburg Teaching Unit Secondary Government 2.6km
East Preston Islamic College Combined Prep-12 Independent 2.7km
Reservoir High School-Heidelberg Secondary Teaching Unit Secondary Government 2.7km
Reservoir High School Secondary 7-12 Government 2.8km
Coburg High School Secondary 7-12 Government 2.8km
Thornbury High School Secondary 7-12 Government 2.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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