Offers close Mon, 23rd Aug - 5pm (usp)
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Located in a quality, highly accessible, city fringe location, opposite the Parklands; adjoining premium Eastern suburbs, this office is situated on arguably one of the most prestigious commercial hubs outside of the CBD.
The office comprises of 277sqm (approx.) of quality office space, with a private kitchenette, 10 car parks and provides multiple options for the astute buyer.
With a long term tenant in place, an income of $124,917.28 (excl GST) plus outgoings, the return on this investment is very favourable.
What we love about this office:
- Urban Core Zone and Boulevard Policy Area of the City of Burnside Development Plan
- Situated in a small group of just 14
- Includes 10 car parks, including 6 undercover spaces
- Fully air conditioned and partitioned
- Convenient off-street parking readily available on Alexandra Avenue
- Rear access through Thomas Place
- 1 plus 2 year lease opportunity with option to renew
- Annual CPI increases of 3%
- Current yearly lease is $124.917.00 PA plus outgoings and GST
- Outgoings (Paid by tenant):
- Council rates: $1,759.50 PA
- ESL: $1,057.30 PA
- SA Water: $1098.20 PA
- Strata Levy: $13,216 PA
- Sinking Fund: $2,360 (Paid by landlord)
This is a brilliant opportunity to secure a strata titled office in prestigious Rose Park, enjoying all the benefits of the proximity to the CBD, Victoria Park and the East Parklands.
CT: 5017/614
Zone Code: URC'B
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 295432
