Unit 102, 23-25 Gipps Street,
Collingwood, VIC 3066
Offices
Price information
Sold
Contact Agent
Key property information
Floor area
Car spaces
Parking info
Property extent
Tenure type
Sold on
Map of Unit 102, 23-25 Gipps Street
High Yielding Entry-level Investment Opportunity
- Great entry-level investment opportunity
- 6.5 - 7% return on investment
- Returning $32,442 P.A NET
Knight Frank is pleased to present this high yielding investment for sale at 23-25 Gipps Street in Collingwood.
Unit 102 is securely leased to ‘Webb Plus’, a specialist interior architecture practice.
This 80 sqm office space is currently returning $32,442 NET per annum on a 3 year lease term with an option to extend until September 2024.
Key features –
- 80sqm Office space
- 1 Allocated car space on title
- Communal balcony area
- Fully fitted office space
- Kitchen in-suite
- Close to major arterial roads
- 2km from Melbourne CBD
Investment Details –
Current Lease – 3 Years
Annual Return - $32,442 NET
Increases – 4% annually
Options to extend – 1 x 3 Year option
Tenant – Webb Plus
Please contact one of the exclusive Knight Frank agents for further information.
Unit 102 is securely leased to ‘Webb Plus’, a specialist interior architecture practice.
This 80 sqm office space is currently returning $32,442 NET per annum on a 3 year lease term with an option to extend until September 2024.
Key features –
- 80sqm Office space
- 1 Allocated car space on title
- Communal balcony area
- Fully fitted office space
- Kitchen in-suite
- Close to major arterial roads
- 2km from Melbourne CBD
Investment Details –
Current Lease – 3 Years
Annual Return - $32,442 NET
Increases – 4% annually
Options to extend – 1 x 3 Year option
Tenant – Webb Plus
Please contact one of the exclusive Knight Frank agents for further information.
Property ID: 503714082Last Updated: 16 Jan 2023
04377481...
Unit 102, 23-25 Gipps Street
Collingwood, VIC 3066
Knight Frank - Eastern OfficeLevel 3 10 Nexus Court
MULGRAVE, VIC 3170
MULGRAVE, VIC 3170
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Knight Frank - Eastern Office
Other properties you might be interested in based on the location and property type you are looking at.
