Tender: Closes on Wednesday 21 July 2021 at 4:00PM (unless sold prior)
The Morningside commercial area has very much been on the radars of tenants, owner-occupiers and investors for several years now. No longer is it the little commercial area that's just a bit far out of the CBD; now it's a highly sought after location with easy vehicle access from all parts of the city and its own CRL train station.
The owner-occupier of this Unit AA has, after some 27 years, decided to sell but will be retaining a small leaseback tenancy of around 15% of the total building. The balance of the building includes ground floor mid-height workshop / car parking of around 310m² and a full first floor office of some 430m².
The building was completely re-engineered in 2007 and now boasts an 'A' grade seismic rating. Original character Oregon timber beams could be a feature if a new owner chooses to reveal them. This property will present very good value for money on Morningside
KEY FEATURES:
- Total building circa 850m²
- Vacant possession for 85% of the building
- Existing tenant on term lease at $19,800 p.a. net
- Excellent seismic report, 'A' grade rating
Call Murray or Sue for further details and viewing arrangements.
