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Shops 1 - 10, 63 - 65 Macalister Street Sale, VIC 3850

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Shops 1 - 10, 63 - 65 Macalister Street,
Sale, VIC 3850

Offices • Shop & Retail • Medical & Consulting

Price information

Sale

$550,000

Key property information

Floor area

Property extent

Map of Shops 1 - 10, 63 - 65 Macalister Street

Directions

“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 18/4/2020 with 2 x 1 year options. The other two offices are let on periodic tenancy arrangements to long standing tenants.
Total Income 18/19 $47,189.30 - Lease Term
Quantum support 1-4,6-7,9-10 Expires 18/4/2020
Options 2 x 1 year on all Quantum leases.
Shirley Millard Office 5 Periodic from 16/6/2015
Maree Tranter Office 8 Periodic from 29/6/2015
Outgoings: Quantum Pay 80% all outgoings.
Offices 5 & 8 rents are all inclusive.
BOASTING A POTENTIAL GROSS 7.8% - 8.5% RETURN BASED ON PRICE GUIDE

Property ID: 503259198Last Updated: 24 Feb 2020

0418 *** ***
Shops 1 - 10, 63 - 65 Macalister Street
Sale, VIC 3850

Agency contacts

Graham Chalmer - Sale
Graham Chalmer - Sale
237-239 Raymond Street
SALE, VIC 3850
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Peter Costin
Graham Chalmer - Sale
Shops 1 - 10, 63 - 65 Macalister Street Sale, VIC 3850

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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