Hudson Bond Commercial is offering this opportunity to take advantage of this versatile commercial property in a fantastic pocket of Templestowe.
Strong tenancy while still being suitable for a range of future uses including office or medical (STCA)
Property features include:
Prime Office Investment
Secure Tenant
3+3+3 Year Term commenced Jan/2019
Perfect for First Time Commercial Investors
Exposure to James Street
Net Income: $25,312 p.a. + GST (as of Jan/24)
All Outgoings Paid By Tenant
Building Area: 80 sqm approximately
Ample Car Parking
Thriving Templestowe Village Precinct
High Pedestrian and Traffic Location
The size of Templestowe is approximately 16.2 square kilometres. It has 41 parks covering nearly 33% of total area. The population of Templestowe in 2011 was 16,483 people. By 2016 the population was 16,609 showing a population growth of 0.8% in the area during that time. The predominant age group in Templestowe is 50-59 years. Households in Templestowe are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Templestowe work in a professional occupation. In 2011, 85.5% of the homes in Templestowe were owner-occupied compared with 83% in 2016.
Templestowe has 7,288 properties.
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