Bayside Investment - High Yield!
Nichols Crowder is proud to present to the market for sale, Suite 9/349-351 Bluff Road, Hampton. Rarely does an opportunity like this present itself-an affordable, high-yielding office investment in the Bayside Business District.
Leased on a new 3-year lease with a 3-year option at $12,000 p/a plus outgoings and GST, with 4% annual increases, this property offers not only a substantial starting yield but one that continues to increase year on year.
With 30 sqm* of carpeted building area complemented by freshly painted walls, it creates a light and bright environment featuring a shared balcony that can be used to enjoy the great natural northern light the space offers.
Situated on the corner of Bluff Road and Highett Road, the property is located within the highly regarded Bayside Business District. It offers seamless movement around the southeast and is in close proximity to various amenities such as cafes, restaurants, golf courses, and a short distance from the beach and public transport options.
Key features include:
* Total office area: 30 sqm*
* Newly signed 3 + 3 year lease
* Currently returning $12,000 p/a
* 4% annual increases
* Fully carpeted
* Light and bright space
* Northern aspect with a small shared balcony providing great natural light
* Balcony access
* Basement car space on title
* Shared amenities
* Access via security intercom and lift
* Ideal for SMSF
For further details or to arrange an inspection please contact:
Matthew Duncan 0400 427 427
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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