Unit 23/195 Wellington Road, CLAYTON, VIC
Sold | $625,000Investment Opportunity - Ten Year Lease to the Owners Corporation
Unipark - 195 Wellington Road
This commercial office investment is located within a masterplanned business park developed by CGA Bryson in 2008, an innovative Australian company specialising in property development and funds management.
Unipark is strategically located in Wellington Road adjacent to the Melbourne Synchrotron, Monash University & Melbourne's highly regarded City Link road network and leads the way in suburban business park planning, applying forward-thinking strategies and cutting-edge environmental technologies within the vibrant hi-tech Monash precinct, providing tenants with operational and business benefits well into the future.
The development includes 902 car spaces, extensive landscaping with passive recreational areas and campus square with a choice of Bistros providing indoor / outdoor eating. The property being sold is the Unipark Conference Centre which is leased by the Owners corporation for the exclusive benefit of all tenants. The owner's corporation fees pay for the lease of the investment which includes all 6 major buildings in the business park. The business park is 13,000 m2 in total.
- Prime ground floor suite - 118m2 (approx)
- Ten year leased commenced 16/5/2008
- Rent $39,843 pa net + GST from 16/5/2012
- Fixed 3% annual rent increases
- 5 car bays on title.
- Outgoings paid by the tenant
For further information or to arrange an inspection, please contact: