Michelle Lanigan Real Estate Pty Ltd Home
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Property Details

For Sale - 164 Boronia Road, BORONIA, VIC 3155

Solid Investment!!

Investment (Offices), Offices
Property ID: 8021
Price: $2,410,000
Building: 624m²

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 $83,885.52 plus potential rental for suite 3 of $37,000.00 = $120,885.52 pa plus outgoings.


COMPONENTS

NAME NABER'S BUILDING LAND RENT (p.a.) PRICE
164 Boronia Road N/A 624m2 (Building = lettable area only) N/A N/A $2,410,000
Hint: Slide table sideways to view all information.

ADDITIONAL INFO

FEATURES
Occupancy Tenanted: Available upon request
Zoning ---
Commenced ---
Yield 5%
Lease Term Varied
Bonds / Guarantees yes
Rent Review annual
Car Spaces allocated per suite
Wheelchair ---
Availability ---
Condition ---
Air Conditioning yes
Roller Doors yes
Floors ---
Lifts no
Sprinklers ---
Height ---
Age ---
Car Parking Fees included in rental
OUTGOINGS
Outgoings Payable payable by tenant
Water Rates payable by tenant
Land Tax ---
Council Rates payable by tenant
Owners Corp. / Insurance payable by tenant
Other Charges ---
COMMENTS

PROPERTY OVERVIEW
Property ID: 8021
Price: $2,410,000 Rent: N/A
Building: 624m² Land: N/A
AGENT DETAILS
  • Michelle Lanigan

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

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