Unit 5/1-5 Hamlet Street, Cheltenham

Nichols Crowder

Sold

Saturday, 9th January 2021

Impressive Bayside Investment

This modern office warehouse investment is an impressive investment option.

Positioned within the Bayside Business District, just off Bay Road, Unit 5 /1-5 Hamlet Street, Cheltenham generates a great net income as well as attractive depreciation benefits.

Key investment features include:

* Long established tenant
* Leased for 4 years at $43,709 p.a. net (as at Dec 2019)
* Plus, 2 year option
* Fixed increases of 3% p.a.
* Building area: 260sqm*
* Two level office component
* High clearance warehouse of around 7m*
* 4 car parks on title
* Secure fencing
* Street frontage, excellent access

For further details and to arrange a private inspection contact:

James Glen 0401 493 277
Julian Vautin 0420 406 660

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.