Renewed Lease to VicRoads - Essential Service State Government Department
Description
+ Renewed 3 year lease to Feb 2023 plus options to 2025
+ VicRoads pay all usual outgoings including building insurance
+ VicRoads: Essential service Victorian State Government transport department
+ Purpose built and well maintained 249 sqm building including vehicle inspection bay
+ Fixed 3% annual rent increases assuring growth
+ Significant 3,118 sqm landholding with valuable 30 car parks on-title
+ Hamilton: Important commercial centre, servicing 30,000+ trade catchment
+ Net Income: $41,148 pa + GST (as at 28 February 2021)
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December
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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315Beau Coulter Partner
0413 839 898Enquiry Form
Hamilton, VIC
24-30 Riley Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 141
Contact agents
-
Jamie Perlinger Head of Agency | Partner
0413 860 315 -
Beau Coulter Partner
0413 839 898