CBD Fringe, Development Opportunity With Passing Income

> High profile street location on busy main road
> Directly opposite the new Gippsland Performing Arts Centre ($42.1m development)
> 808m2* of Activity Centre Zone (ACZ) land
> Office/showroom in very good condition, approximately 183m2*
> Open plan reception/work area, 5 separate offices, staff amenities with ducted heating & cooling
> Onsite car spaces
> Current rent $25,750 p/a + GST + outgoings, 3% annual increases
> Vacant possession available
> Rare opportunity to purchase a sound property that provides rental income, whilst future development opportunities are considered (S.T.C.A.)

*(approx.)

Property Features