An exceptional opportunity to acquire a 270sqm of real estate leased to major national telecommunications company securing your income, and is only minutes from the Sunbury Township.
-Only 34kms from CBD
-Located in the sought-after Jackson’s Hill estate
• Existing lease expires 31 December 2019.
• Telstra has exercised a 10-year option in the existing lease, extending the rental agreement to 31 December 2029.
• Compounded rental increase of 4% per annum.
• Current rent is $32,736 pa, increasing to $34,045 pa from 2020.
For Sale via expressions of interest closing Thursday 5th September 2019 at 4:30pm
For further information please contact Haydn Drummer 0421 116 679
|R&H Suburb Summary||Houses|
|Number of sales||582|
|Median Rental Price||$395 p.w.|
|Change in Rental Rate (5yr)||14 %|
|R&H Suburb Summary||Units|
|Number of sales||62|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||17 %|