Prime CBD Investment Leased To Telstra Limited (ASX Listed)

> Outstanding investment property leased to Telstra Limited, one of Australia’s top 20 ASX listed companies
> Highly sought CBD location set amongst some of Australia’s biggest brands
> Rent $53,045 p.a + GST with fixed 3% annual increases
> Current 5 year lease term commenced 1st July 2022
> Tenant pays all outgoings including land tax
> Telstra have recently completed a refurbishment to the fit out in line with corporation specifications
> Building area – Ground floor 217sqm*, First floor 100qm* site area 471sqm*, on site car parking and rear laneway access
> A perfect income producing property with upside in a prized location
> Potential 50% stamp duty concession available ^

(^ as of 10/1/2024)

Property Features
  • Retail
  • Land is 471 m²
  • Floor Area is 317 m²

Ben Wilson
Principal / Licensed Estate Agent
0412 525 542
Emma Dunne
Commercial Property Consultant
0407 865 838