Blue Chip Investment On Deakin Avenue

An Irreplaceable trophy on Mildura’s grandest street. Historic freestanding CBD building. Diversified income stream. Securely leased
A very rare Opportunity to acquire a prime commercial investment located amongst major banks, opposite the courthouse and police station and exposed to over 20,000 passing vehicles per day with heavy pedestrian traffic. We strongly recommend this property as a high quality commercial investment.
Executive Summary
Tenant 1
Lease term – 2 years
Current Rental -$15,424 per annum
Further options -2 years with further 2 years
Outgoings -to be paid by tenant
Building size – 105m2
Rental increase -Consumer price index
Permitted use – Professional offices
Tenant 2
Lease term – 3 years
Current Rental -$31,000 per annum
Further options -3 years with further term of 3 years
Outgoings -to be paid by tenant
Building size -425m2
Rental increase -Consumer price index
Permitted use – Professional offices
Land size – 640m2
14.242 metre frontage to Deakin Ave
45m depth to rear lane

Property ID: 759027