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SOLD

306 Main Street, Bairnsdale VIC 3875

Properties / Sold / Victoria / Bairnsdale

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

$1,550,000 + GST

Land Area

367 m² (*approx)

Floor Area

462 m² (*approx)

Property Type

Retail, Offices

Sub-type

Strip Retail, Office Suites

Terms

3-year term of lease plus 2 further terms of 3 years each

Est. Income

$93,000 p/a

Fully Leased

Quantum Support Services Inc

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2. Property Highlights

EXCEPTIONAL REGIONAL TWO STOREY OFFICE INVESTMENT - Attractive Yield

2 level office freehold
3-year leaseback plus options
Main Street (Princes Highway) frontage

Offered for sale is this first-class office freehold investment with exceptional leaseback terms and conditions.

Situated in Bairnsdale's CBD and on the popular northern side of Main Street, this investment offering, will impress. Comprising professionally fitted out office with a well laid out floorplan over 2 levels consisting of 15 offices, reception/waiting area, 2 interview rooms, boardroom, staff kitchen/lunchroom and plenty of amenities.

The key features include:
- Total building area of 462sqm of which 318sqm is downstairs and 144sqm upstairs*
- Land area of 367sqm* with rear access
- Leaseback to the leading support services organisation, Quantum Support Services Inc
- Commencing rental of $93,000 per annum
- Outgoings payable by the Lessee
- 3-year term of lease plus 2 further terms of 3 years each
- Annual CPI rent reviews. Market at the commencement of each further term of lease

Rarely does a regional investment opportunity like this arise. Please contact the King & Heath Commercial property team to find out more.

*approximate only

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Retail, Offices

Sub-type

Strip Retail, Office Suites

Est. Income

$93,000 p/a

Tenant

Quantum Support Services Inc

Terms

3-year term of lease plus 2 further terms of 3 years each

Land Area

367 m² (*approx)

Floor Area

462 m² (*approx)

Selling Method

For Sale

Selling Details

$1,550,000 + GST

2. Property Highlights

EXCEPTIONAL REGIONAL TWO STOREY OFFICE INVESTMENT - Attractive Yield

2 level office freehold
3-year leaseback plus options
Main Street (Princes Highway) frontage

Offered for sale is this first-class office freehold investment with exceptional leaseback terms and conditions.

Rarely does a regional investment opportunity like this arise. Please contact the King & Heath Commercial property team to find out more.

*approximate only

Remember to mention you found this property on CommercialReady

Tenanted Investment

Matt Baylis

+61 *** *** *** show +61 439 633 312

Matt Baylis

+61 *** *** *** show +61 439 633 312

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

306 Main Street, Bairnsdale VIC 3875