Town Basin Investment Opportunity

The zoning of this property is Waterfront, and allows for residential occupation.

On offer is 771.75sqm of space over two levels in a building designed around a spacious atrium allowing lots of natural light. The interior has been refurbished to a high standard and includes modern amenities.

Fully tenanted and current NET return of $133,912 plus GST per annum.

The location in the town basin with three street frontages adds value to this leasehold property with 10 years remaining of the 20 year ground lease. The next rent review is due on 1 October 2034. Ground lease $16,088 plus GST pa

Contact us today for more information.