5 Year Lease with options To Berry Street Victoria

Impressive Fully Fitted out Building

Sought After High Traffic Location

Gartland are delighted to offer this immaculate fully leased freehold investment at 276 Latrobe Terrace, Newtown for Private Sale.

This substantial property comprises excellent street frontage with rear laneway access and is leased to a highly successful established long running organisation on a 5 year lease beginning in September 2022 with fixed annual rental increases, providing scope for excellent capital growth.

Key attributes include:

- Significant landholding of 465sqm - 15.2 X 30.5

- Fully refurbished building of 165sqm* with disability ramp access.

- Excellent access of either Roebuck & Virginia Streets with ample off street parking.

- Fully leased to one tenant

- 4 Rear Car Parks

- 5 + 2 + 2

- Passing rent from September 1st $57,368.17 + GST + Outgoings

- Annual increments of 3% with Market review at option

- Diverse property in GRZ 4 Zoning

- Excellent future value add potential (STCA)

For further information or an inspection of 276 Latrobe Newtown, please contact selling agents or Adam Farrell and Michael De Stefano of Gartland.