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Gorman Commercial - Real Estate

1 Ricketts Road Mount Waverley, VIC 3149

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1 Ricketts Road,
Mount Waverley, VIC 3149

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Gorman Commercial - Real Estate
Nathan May
Tom Maule

Gorman Commercial - Real Estate

415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial - Real Estate
1 Ricketts Road
Mount Waverley, VIC 3149

Map of 1 Ricketts Road

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TWO HIGH YIELDING OFFICE INVESTMENTS – BUY 1 OR BOTH

  • Two suites in modern office complex
  • Securely leased to longstanding tenant
  • Circa 6% - 6.5% plus return
Exceptional opportunity to acquire one or both of these two securely leased investments located within this modern office development. The properties are being sold via an Expression of Interest sale campaign closing Thursday 1st December 2022 at 2pm.

Key property features comprise:

Suite 17:
* Income: $61,818 pa + GST and outgoings
* Building area: 177 sqm approx. + 9 cars
* Lease term: 3 + 5 + 5 years

Suite 18:
* Income: $43,449 pa + GST and outgoings
* Building area: 127 sqm approx. + 4 cars
* Lease term: 3 + 5 + 5 years

* Both suites securely leased to longstanding legal tenant – Hicks Oakley Chessell Williams
* Tenant has been in occupation for 20+ years
* Perfect for Self-Managed Super Funds (SMSF) and entry-level investors
* Excellent natural light and northern aspect
* Unbeatable access to the Monash Freeway

Ideally located within this modern office complex, the property enjoys unbeatable access to the Monash Freeway via Forster Road on/off ramp and is within proximity to a number of major arterial routes.

Property ID: 504194611Last Updated: 1 Feb 2023

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