Sold

2/1668-1670 Centre Road,
Springvale 3171, Victoria

11 car spaces
400m² land size
400m² building size
Offices

Price withheld


Property details

7.5 - 8% RETURN, NEW 3 YEAR LEASE

This impressive first-floor office offers an unbeatable combination - abundant space, excellent natural light, and a prime corner location - perfect for the occupier to flourish. Situated on Centre Road with easy access to major highways, this office boasts unbeatable connectivity.

Own a High-Yielding Asset:
• Lease term: 3 years from 02/12/2025 to 01/12/2028
• No further options
• Rent $65,000 +
• Rent increases: 3% annually
• Generous 400sqm Floor area
• Flexible layout with open meeting rooms and dedicated boardrooms. The layout could be easily amended to facilitate further tenancies
• Heating and Cooling System
• Prominent corner location that lends itself to advertising or telecommunications

Prime Location Advantage: Proximity to established businesses and Bunnings Warehouse ensures high visibility and a desirable location for tenants, attracting strong interest and potentially plenty of scope to increase rental value over time.

Low Maintenance, High Returns: Low owner's corporation fees (just over $3,000 pa) **minimise ownership costs, allowing you to maximise your investment return.

Additional Highlights:
• Flexible Layout: Open-plan meeting rooms can be configured for additional workstations, while dedicated boardrooms offer ideal spaces for presentations and meetings.
• Convenience & Amenities: A fully equipped kitchen area, 11 on-grade car parks, and a dual-level building with individual access offer all the necessary amenities for smooth operation.

Secure a prime-location office that's spacious, well-connected, and a stable investment opportunity with built-in growth potential.
To schedule an inspection, contact:
Ryan Trickey - 0400 380 438
Dillon Chambers - 0422 909 456

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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