Outstanding income generating investment with development upside
Ideally located near Flagstaff Gardens. This freestanding building is near King Street and only a short walk to the CBD.* Fully leased to multiple tenants for $803,840 per annum plus gst
* Scheme for new 18 level building of 7,879 sqm of gross floor area. This could be suitable for the dynamic and growing demand for PBSA Student accommodation, or apartments etc (STCA)
* Ground floor contains 4 newly renovated and newly equipped kitchens
* First Floor is leased to a single College
* This education facility has a 9B certificate for 260 people
* Rooftop Solar to reduce energy bills (circa 30 kw)
* Please look at photos and Virtual Tour
* Information Memorandum available
* Contract and s32 available
