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13 Contempo Court, East Bendigo, Vic 3550

13 Contempo Court, East Bendigo, Vic 3550

Offices Showrooms/Bulky Goods

  • Sold $1,620,000
  • Tue 24-Aug-21

  • Land Area
  • 836.00 m² (approx)
  • Floor Area
  • 498 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Sep 11, 2021
  • Car Spaces
  • 9

Interested in this property? Contact an Agent today

McKean McGregor Real Estate - Bendigo

174 STRICKLAND ROAD

Strathdale Vic 3550

INVESTMENT GRADE ASSET FOR AUCTION

The freehold property at 13 Contempo Court, East Bendigo presents an opportunity for an astute investor to secure a quality investment with a long term lease in place.

The building was purpose built for tenant Southern Cross Office Equipment in 2010 and a new owner can enjoy the remaining 11 years left of the current lease term with further 5 year options.

The property has an extremely well built showroom, offices and warehouse and is well positioned amongst key national service businesses and is in close proximity to the growing East Bendigo industrial precinct and Bendigo Airport.

Background:
-Long term set and forget commercial investment
-Exceptional lease term remaining to long term and well regarded tenant
-Extremely well built property, in superb condition and low maintenance
-Sought after location
-Ongoing depreciation benefits

Key Features:
-Long term tenant investment currently returning $89,174.88 per annum
-11 years remaining on the current lease, tenant has occupied the property since being built 11 years ago
-Current lease agreement runs until 2032 with further 5 year options
-Outgoings payable by

13 Contempo Court, East Bendigo, Vic 3550

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