MELBOURNE
1242/1 Queens Road MELBOURNE VIC 3004

Sold

42.8m2 OFFICE + BALCONY! LONG LEASE WITH 3 YEAR OPTION!

Property Details

MELBOURNE
1242/1 Queens Road MELBOURNE VIC 3004

Sold
Offices
Description

High Returns, Security & Low Maintenance – Everything you’re looking for!

This tenant has renewed for ANOTHER term, paying $20,233 per annum + GST + Outgoings – this secure tenant is locked in until November 2020 with another 3 year option. 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 – 1 Queens Road, 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 (inc. Dyson speed dryers)
– 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 Rebbecca Murray on 0410 319 109 or Madison Liddell on 0408 323 530.

*figures are approximate and subject to change