5
Calling new and / or established businesses looking to relocate to a prime location in the heart of the Albury CBD. As one of the area's few energy efficient and sustainably built buildings, the property is offered for lease and / or for sale.
FOR LEASE: In the design concept, we are fortunate to have the opportunity to split the total space in two, if that were more preferable to prospective lessees who may be wanting smaller areas. Favorably, the air conditioning, electrics and data cabling are already separated. The tenancies would share a 50/50 lettable rate of the front entry.
Tenancy 1: 136.36 square metres (at $275 per square metres = $37,499 per annum plus GST plus outgoings).
Tenancy 2: 180.64 square metres (at $275 per square metres = $49,676 per annum plus GST plus outgoings).
* Split option plan attached.
ASKING RENTAL: $86,000 per annum plus GST (based on 317 square metres)
PLUS OUTGOINGS: Approximately $20,000 per annum plus GST
Outgoings include:
- Body corporate levies including building insurance: $15,060 per annum
- Council rates: $4,080.18 per annum
- Water Rates: $852.45 per annum plus consumption
The property features:
- Total ground floor area of 317 square metres
- Near new, ultra modern and central office space, available now.
- Currently all open plan commercial office space ready to be fit out.
- Common area ground floor and first floor amenities, including shower and disabled toilet.
- Building serviced by a lift or stairs to the first floor.
- Two street frontages of Macauley Street and Spencer Street.
- 5 secure undercover on site car parking spaces.
- Full security (CCTV and Access Control) and 24/7 monitoring.
- Long term lease period, rent free incentives and / or fit out provision offered from the Landlord.
- Potential to convert to a retail or medical / allied health space (subject to a development application and Albury City Council approval).
Other tenants within the building include Win TV, Insight Building Design Group and Wright Group with three of those tenancies managed by PRD Real Estate Albury. Strata management by Altitude Body Corporate.
FOR SALE: $1,330,000 (this represents an approximate 6.5% return based on a rental of $86,000 per annum).
For more information or an inspection of the property, please contact Kate Stevens on 0438 254 334 or email kate.stevens@prdalbury.com.au
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