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
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