Attributes
Year Built | 2000 |
Building Area Gross |
|
Call for Offers |
Asset Description
JLL Capital Markets are pleased to have the exclusive privilege of offering for sale this first-class office investment located at Level 1, 21 Brunswick Road, Brunswick East.
Key details of the opportunity include:
- Ultra-modern office premises of 640sqm* with exterior building signage potential
- New 5-year lease from December 2021
- Securely leased to ‘Modern Star’ - Australia and New Zealand’s #1 supplier of educational resources to schools and early childhood centres
- Current Market Rent: $256,000 per annum + Outgoings & GST
- All usual outgoings payable by the tenant
- Fixed annual rental increases of 3.5%
- Secure bank guarantee equivalent to 6 months’ rent
- High quality fit-out with significant depreciation benefits and future subdivision potential
- Floor to ceiling windows provide exceptional natural light with CBD views
- 15 secure basement car parks on title
- Dedicated lift access from Brunswick Road
- The ideal business location just 3.25km* from the Melbourne CBD
- Serviced by ground floor IGA supermarket and a myriad of local retail amenity
- One of few fully leased modern investment offerings to capitalise on in 2022
PROUDLY SOLD BY JLL OFFICE INVESTMENTS
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Tim Carr | 0415 767 915
Mark Stafford | 0404 401 053
MingXuan Li | 0498 688 998
Investment Highlights
• Expansive + Light Filled Office
• New 5-Year Lease + 3.5% Increases
• National Tenant Expanding Globally