4/27-33 Woods Street

Beaconsfield VIC 3807

Facey Property is proud to offer this property for sale. Best-suited for the astute investor, this property has a long-standing accounting firm tenant of 15 years. Likely return circa 6%, with an annual return of $53,200pa after a recent CPI review. Tenant has just agreed to extend lease until September 2025 with on-going reviews to 4% annually.

Formerly a popular restaurant, this property is now the ideal office space with a building area of 187m and a generous number of parking spaces. With the complex undergoing rejuvenation and refitting, this particular property offers future flexibility. A few minor design layout changes and modifications could quickly & easily transform this property, leading to further capital gains.

Beaconsfield is a popular and emerging suburb that offers the perfect blend of country and city lifestyle amongst the backdrop of the rolling hills. This south-westerly positioned property takes in the serene views of the recently earmarked Cardinia Creek. In their draft plan, the Victorian State Government has implemented improvement and beautification works, including walking tracks and park areas and enhancing the local area.