(S) Lvl 1, Suite 26/25-27 Hay Street, Colonial Arcade,
Office Premises - CBD Investment
Located in the well known and recognised Colonial Arcade building, Hay Street End.
Positioned in the middle of the CBD, close to the busy and vibrant Port Central Shopping centre
First floor level 1 office investment.
Offering an office area of 53 sqm approx which comprises of large open plans area, small private office and tea making facilities
Includes two air conditioning units
Disabled access via lift
Includes 1 valuable secure basement car space on title
Additional street parking close by
External windows offer natural light
Subject to lease – a new 2 year plus 2 year lease in place with potential occupancy until 2024
Gross rental of $18,000 PA plus GST
Paid by Lessor; Council Rates: $ 2,167.40 GST Exc PA approx 2020, Land Tax: $ Nil On single holding basis (Ratable Value $25,376), Strata Levies: $ 2,836.36 GST Exc PA approx ,Water Charges:$ Nil (paid by Lessee) Total: $ 5,003.80 GST Exc PA approx
Rent has annual increases by CPI, Market Review at Option
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.