****** SOLD *******

Gross Waddell ICR is delighted to present this blue-chip investment opportunity, located in what’s long been considered one of the best commercial developments in the area, offering high quality office accommodation within Balwyn North, some 9.5km’s east of Melbourne’s CBD.

Superbly located within “The Village” offering over 75 business including cafes, boutiques, fresh food and more including well known tenants such as Aust Post, Bakers Delight and Amcal Pharmacy.

The property is serviced by city bound trams at the front door, bus networks operating in the area, abundance of Council car parking and easy access to the Eastern Freeway, connecting the property to Melbourne’s major road networks.

Property highlights include:

• Lease to Maeve O’Brien & Associates – Legal Practice
• Current Rent: $56,990.44* p.a. net
• Annual CPI increases
• Term: 5 years (comm. 1 July 2019) plus further term of 5 years
• Area of 106sqm* plus 1 secure car space on title and tenant has 4 parking permits
• Modern fit out comprising reception, waiting area, offices and meeting room

*Approx.

Offered in conjunction with Tom Ryan Vendor Advocacy