Sold

Commercial Freehold & Investment Very Strong Tenant Returning 8%+ NET

New Five (5) year lease signed - from the 27th August 2013 - 26th August 2018. A further Five (5) Option exists.

Current net rental return of $48,845.00 after outgoings.

Two (2) freehold titles of 104m2 each - totalling a combined 208m2. Both lot 9 & 10 ideally front the road.

A full office fit-out is included in the sale. The premises are currently being used as an office with full reception, board room, kitchen, internal toilet and store room.

Has been leased to the same tenant since 27th August 2008. RPS is an international consultancy company providing world-class, local solutions in energy, mining, infrastructure, urban growth and natural resource management. They operate in 125 countries on 6 continents and have over 5,000 employees.

Plenty of parking exists for customers and the property is highly visible from the road side being located at the street entry end of the complex.

This is truly a passive investment with a great return and the property is in excellent condition. The complex is a modern, well kept, easily maintained of only 10 tenancies including these two.

Contact Callum Jones for a full detailed report on this property.

Features

Study
1 4 208 m2
Address Shop 9 & 10, 1 Pioneer Close, Craiglie
Price SOLD
Property Type Commercial
Property ID 7
Category Offices
Land Area 208 m2
Office Area 208m2
Floor Area 208 m2

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Agent Details

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Callum Jones

0437 981 195
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