Colliers is pleased to present Unit 17, 2 Barry Hogan Place, Addington to the market for sale.
This property is a must see for any investor who is looking for a passive investment in a good location. The property is fully let with both levels recently leased on new 6-year lease terms.
The building is made up of two levels with established tenants and extensive fit-outs in place, there is great onsite car parking and easy access to main arterial routes.
The site is located in the popular commercial and industrial precinct of Addington with access off Princess Street which runs between Matipo and Whiteleigh Ave. This area is comprised of a mix of commercial office, retail showroom and industrial type tenants.
This property will provide investors with good piece of mind and long-term security. The vendors are motivated to sell and will meet with the market giving us clear instructions to sell.
If you are interested in this property, please contact us to arrange a site visit and receive further information.
*Boundary lines are indicative only
Features:
* Two new 6-year lease terms
* Established tenant covenants.
* NBS rating – 95%
* Surrounded by quality businesses.
* Easy access
* Great location
* Quality construction and existing fitout
* Conventional layout
* Highly sought location
* Total net income – $131,325 excluding GST
* Ample car parking – 23 in total
