- Two storey building located in CBD with a Grade A Seismic rating.
- Freehold land of 1371 sqm, building of 2290 sqm (more or less) separated into unit titles.
- Twelve dedicated carparks
- Five individual tenants for split risk investment
- No Body Corporate
For sale for the first time to the market since 1999, we are proud to offer this multi tenanted investment. Comprising of a 2,290 sqm (more or less) two storied building split into unit titles, on a 1,371sqm freehold section in the Centre of the CBD.
Being fully tenanted this investment brings a net return of $150,950 plus GST per annum. Encompassing four separate ground floor retail and office tenancies and one further tenancy occupying the whole of the first floor. Complete with twelve dedicated carparks, the risk spread across this investment is minimised. The Seismic IEP report indicates a Grade A Seismic rating of 80...