A fantastic opportunity on offer giving any potential purchaser flexibility .
What is on offer?
Suites 3 – 11 which comprise all but two lots in the entire building situated on the corner of Adelaide Terrace and Bennett Street.
Located on the ground floor
Tenant – Globe 24-7 Pty Ltd
Tenancy Size – 349sqm
Lease Term – 4 years commencing on 01/07/2019
Option – 2 x 2 years
Total Current Rent - $129,350 per annum + GST and outgoings
SUITES 4, 5, 6, 7
Located on the first floor
Tenant – A&R Insurance Pty Ltd
Combined tenancy size – 624sqm
Lease Term – 7 years commencing on 01/07/2020
Option – 3 x 3 years
Total Current Rent - $130,223.04 + GST & outgoings
SUITES 8, 9, 10, 11
Located on the second floor
Tenant – Focus Mineral
Combined tenancy size – 623sqm
Lease Term – 3.5 years commencing on 01/10/2017
Option – 3 years
Total Current Rent - $200,826.83 + GST & outgoings
Abatement of rent currently in place
All strata lots come with varying numbers of car bays.
Any potential buyer has the flexibility in purchasing all Suites which are on offer or purchasing either Suite 3, Suites 4-7 or Suites 8-11 separately.
Location is fantastic & being situated on a corner, makes the building very prominent in terms of exposure.
Ease of access to the property & the close proximity all main arterial roads are a highlight.
For an information memorandum please contact:-
Alan Mijacika by email or on 0405702506.
Please note that all inspections are by appointment only & must be viewed after 3.30pm.