Overseas Investor Liquidates
This solid standalone 3 story office building with 55 car spaces is located on a 1957m2 parcel of land opposite Garden City Shopping Centre. There are a total of 11 tenancies with a gross income of approximately $917,249. An additional income of $45,000 per annum is forthcoming post the erection of a digital rooftop advertising signboard due for construction July 2018. The overseas investor wishes to liquidate. Built around 1988, the building is constructed of concrete block and reinforced concrete, has concrete floors throughout, and a flat metal deck roof. The building is serviced by a single hydraulic lift and has a tiled entry area with both ramp and stair access. Secure parking is provided in the basement and has access off Kessels Road. The basement also features loading dock facilities. The building has a built in planter box at the upper level and extending the length of the Logan Road façade. All windows and shopfronts are aluminimum framed. The properties design, position, ease of access and street frontage will continue to appeal to prospective tenants and clientele. Email the agent for a copy of the information memorandum.