Michelle Lanigan Real Estate Pty Ltd Home
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Property Details

For Sale - 164 Boronia Road, Boronia VIC 3155

Solid Investment

Offices
Property ID: 1534
Price: Contact Agent
Building: 624m²
Land: N/A

PROPERTY DESCRIPTION

I am delighted to offer this property for sale.
Located on Boronia Road, only minutes walk to the bus and train station, this property offers flexibility to an investor who may also wish to occupy one of the office suites. The property consists of 4 spacious suites, each with partitioned offices, air conditioning, bathroom and kitchen facilities and allocated car parking. The basement parking has 26 car spaces, 2 of which are storage units and is secured by a large gate for added security. The property is offered as a whole but each suite has its own title.

Unit 1 = 186 sqm
Five year lease expiry 31st December 2024
Plus five year option term
Annual reviews

Unit 2 = 119 sqm
Three year lease expiry 31st December 2024
Plus five year option term
Annual reviews

Unit 3 = 200 sqm
Currently unoccupied

Unit 4 = 119 sqm
Brand new three year lease expiring October 2021
Plus 2 options of three years
Annual rent reviews

Nett annual rental of $84,696.00 plus potential rental for suite 3 of $35,000.00 = $119,696 pa plus outgoings.

For further information or to arrange an inspection, please telephone Michelle Lanigan on 0417 361 161.

COMPONENTS

NAME BUILDING LAND RENT (p.a.) PRICE
164 Boronia Road 624m² N/A N/A $2,000,001
Hint: Slide table sideways to view all information.

ADDITIONAL INFO

FEATURES
Air Conditioning yes
Bond yes
Car Parking Fees Included in rental
Car Spaces Allocated per suite
Lifts No
Rent Review annual
Roller Doors Yes
Yield 5%
OUTGOINGS
Owners Corp. / Insurance Payable by tenant
Council Rates Payable by tenant
Outgoings Payable Payable by tenant
Water Rates Payable by tenant
PROPERTY OVERVIEW
Property ID: 1534
Price: Contact Agent Rent: N/A
Building: 624m² Land: N/A
AGENT DETAILS
  • Michelle Lanigan

    P: (03) 9761 0777
    M: 0417 361 161

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