Shops 1 - 10, 63 - 65 Macalister Street,
Sale, VIC 3850
Key property information
Map of Shops 1 - 10, 63 - 65 Macalister Street
“MACALISTER COURT” AN A1 INVESTMENT OPPORTUNITY
Set in the vibrant Sale CBD precinct is this well renowned commercial office hub that has been a constant in the local area for many years.
With 10 office suites across the facility in an area of 370M2 the building is fully let with Quantum Support underpinning the tenancies, currently occupying eight of the offices on secure leases that expire on the 18/4/2022. The other two offices are let on periodic tenancy arrangements to long standing tenants.
Total Income $46,346.88
Quantum support 1-4,6-7,9-10 Expires 18/4/2022
Shirley Millard Office 5 Periodic from 16/6/2015
Maree Tranter Office 8 Periodic from 29/6/2015
Outgoings: Quantum pay 80% of the common area expenses & 100% of the individual outgoings.
Offices 5 & 8 rents are all inclusive.
BOASTING A NET RETURN AROUND 7.7%
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4333
Property ID: 503259198Last Updated: 20 Jul 2021