This outstanding office complex set in a vibrant commercial precinct on the edge of Sale’s CBD represents an outstanding opportunity for the astute investor!
Warren Graham & Murphy is a long established and well-respected legal firm in the Gippsland region. They have been located in Sale and in this office since the late 70’s and continue to be an integral part of the local business community.
There is a new 5 year lease in place until 1/3/2028 at $95,000 per annum plus GST. The tenant is responsible for all outgoings including rates, water rates and building insurance and there are fixed annual 3% increases within the lease and then market reviews at the renewal of each term. There are 2 further 5-year options, potentially taking the lease up until 2038.
The outstanding office complex offers a total footprint of 465sqm approx. and incorporates nine individual offices, reception area, board room, extensive administration area, storage/filing room, kitchen and staff amenities.
There is rear access to the complex from Desailly St with expansive carpark including 14 dedicated spaces and an overall area of 1253sqm. (approx.)
With its prime location, substantial office complex, blue chip tenant and large footprint, you could not miss on this A1 investment opportunity.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist, or call us on (03) 5144 4333
