4 x 4 x 4 YEAR LEASE - SAME TENANT SINCE 2011 - GREAT STARTER INVESTMENT!
MELBOURNE 123/530 Little Collins Street
For Sale $179,000
Stop your search, the perfect investment is here!
This 8 year tenant is paying $11,516 per annum + GST + Outgoings – this secure tenant is locked in until 2020, and is likely to exercise their options until 2028. Enjoy the ease of a commercial investment with professional tenants, no ongoing repair costs, outgoings paid by the tenant, no utility costs and a basic set up (meaning no pesky requests to fix plumbing or landscaping).
These SET & FORGET investments are perfect for a seasoned investor diversifying a residential portfolio, a beginner investor who wants something simple and low maintenance to assist in developing some passive income and the SMSF investors looking to build their nest-egg through asset income.
What you can look forward to:
• Low Maintenance – Forget the monthly calls to fix the waterproofing in the bathroom or a leaking roof or the garden. Commercial Strata Offices are the preferred stress-free investment of the wealthy.
• Low Annual Costs – with your tenant paying all the utility costs and the outgoings, you’ll have the freedom to enjoy the fruit of your labor as your money is now working for you.
• Secure Commercial Tenants – Forget those high demand tenants who are always paying rent late. Say goodbye to the stress involved with managing the needs and demands of the residential market. Commercial Strata Tenants are businesses, companies and organisations who are in and out during business hours, whose requirements are largely self-fulfilled and who operate in a professional manner.
Your building – 530 Little Collins Street, Melbourne – provides the below facilities:
– Fully equipped gym and showers (FREE for all tenants)
– Concierge (Mon – Sat)
– Stunning lobby and common areas (meticulously maintained and cleaned regularly through the day)
– Fully serviced kitchens on each floor (inc. fridge, microwave, boiling/filtered water tap, soap dispenser and storage)
– Modern bathrooms
– Outdoor and indoor maintenance to retain a professional, yet modern look throughout the building
– Large food court, boasting more than 7 retailers offering a wide array of culinary choices – maintained constantly by attentive building staff.
Book an inspection by calling Marcelle Franks on 0419 022 527 or Madison Liddell on 0408 323 530.
*figures are approximate and subject to change