$450,000
119/530 Little Collins Street
Discover an exceptional investment opportunity with this 74 sqm prestige office, fully leased to a large corporate tenant. This office has been continuously leased to a prominent Serviced Office Provider for around two decades, making it a rare find in the market.
Unlike most small office investments with tenants lacking a track record, this property offers a large corporate tenant. The net lease currently returns $30,326.40 plus GST and outgoings per annum, with the lease commencing in December 2024 for a two-year term and featuring a 4% annual increase.
This is a 6.7% net yield!
For more information on the tenant, search for APSO (Asian Pacific Serviced Offices) on Google.
Outgoings Estimate:
Quarterly Owners Corp Fees Admin inc GST $2472.70 - Tenant Pays
Quarterly Owners Corp Fees maintenance inc GST $696.92
Annual Council Rates $1,683.76 no GST - Tenant Pays
Greater Western Water $44.39 per annum No GST - Tenant Pays
Total Per Annum Excluding GST $13,387.21
Don't miss out on this unique investment opportunity!
Please look at the virtual tour and call with any queries.
Property ID
2070476
Property Type
Offices
Status
For Sale
Floor Size
74m2
No open times currently available
Gideon Marcus
Director
gideon@commercialbureau.com.au
0423 560 045