- 746sqm (600sqm floor area)
- $2.2m plus GST
- Agent: Fitzpatricks Real Estate - Greg Howick 0418 692 293, Geoff Seymour 0417 698 238, Phil Lamotte 0439 018 414
- Inspect: By appointment
This property presents the perfect opportunity to purchase a multi-tenanted, renovated building with secure income streams.
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Currently returning 8.15 per cent on net income, this provides excellent stability in these uncertain investment times.
A two-storey commercial development built circa 1980, quality renovations and updates to the building were completed in 2018. With excellent natural light in majority of the air-conditioned offices, this building largely consists of legal and professional tenants.
There is convenient rear access from Johnston Street to the 18-space carpark at the rear of the building.
A central stairwell to the rear of the ground floor provides access to the first floor. A meeting room, staff kitchen and staff toilets are located on the ground floor, along with kitchenette and toilets also located on the first floor.
This property is located on the western side of Fitzmaurice Street in the northern end of the CBD, which is developing into a range of boutique retail outlets and eateries, as well as being a key commercial area hosting professional offices.
