2.01, 203-205 Blackburn Road, Mount Waverley, VIC 3149

Offices

For Sale

  • Property ID: 446226
  • Floor Area: 65m²
  • Occupancy: Tenanted
A Tasty Suite Investment

POINT OF INTEREST:

If you’re in the market for solid commercial investment, this office suite has all the boxes ticked to propel your portfolio further. Boasting a brand-new lease, modern office is situated across the road and alongside busy shopping strips from every angle, all filled with local service providers and food options. Inside, the light-filled and airconditioned workplace has plenty of meeting rooms, a serviced reception if you need it, a bonus storage cage, and a communal kitchen for networking lunches. If you’re behind the wheel, there are 2 car parks securely held in the basement, and for those who won’t use them, Syndal railway station is only a 6-minute walk away. Arterial access makes this an investment with high tenant demand, as the Monash is just over 2 km* from here and Springvale Road sits even closer at 1.8 km*.

- Leased to ZAQ Accounting.
- New 1-year, 6 Month lease beginning 01/07/2024 with Two (2) further terms of two (2) years each.
- $20,000 + GST annual leasing income + Outgoings.
- $5,000 personal guarantees.
- 65 sqm* total building area.
- Commercial 1 Zoning.
- 2 basement car spaces.
- Serviced reception and communal kitchen.
- Bonus storage cage.
- 2.3 km* to the Monash.6-minute* walk to Syndal railway station.

POINT OF VIEW:

A perfect way to dip your toe into Commercial Investing.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: 60 Days
  • Lease Term: 1 Years , 6 months and 2 further terms of 2 years
  • Rent Review: 4% annual increases
  • Car Spaces: 2 basement car spaces
  • Condition: Very Good
  • Air Conditioning: Split System X 2
  • Floors: Carpet
  • Lifts: Yes
  • Height: N/A
  • Age: 15 Years approx.
  • Car Parking Fees: N/A
Outgoings
  • Water Rates: $328 approx. pa
  • Land Tax: N/A
  • Council Rates: $1,059 approx. pa
  • Owners Corp. / Insurance: $3,915 approx. pa
Mount Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4070 --- ---
Offices $7308 $368 5.04%
Retail --- $185 ---
This is the average advertised price, rent and yield for Mount Waverley, VIC 3149*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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