If you are looking for a rock-solid investment, then look no further. Located within Griffin House a landmark development of 7 light industrial commercial buildings located in the Heart of the Dunsborough LIA, this freehold opportunity has a long-standing tenant who has occupied the premises since new in 2010.
Current 3 year lease commenced on 01/07/2024 + a further 3 year option means your investment is secure and provides approximately a 6.0% net return with CPI or market review increases annually.
With a total lettable area of approximately 95m2 this is a rare opportunity to enter the commercial investment market at an affordable price in the very tightly held Dunsborough LIA.
The extensive office fit out includes a large reception area, kitchenette, bathroom and large storeroom with Roller door access on the ground floor (Approx 50m2 total ground floor).
Upstairs a fully fitted office space includes built in furniture, carpeted floors, and a sperate private office with glass walls. All include insulated ceilings, air conditioning, LED down lighting and an abundance of power and data points (Approx 45m2 total second floor).
This commercial property at 1/1 Congressional Drive, Dunsborough is listed for sale by Lee York at JHY Realty.
It has been described by the agent as ‘Safer than Houses!’.
If you would like to get in touch with Lee York regarding 1/1 Congressional Drive, Dunsborough, please call 0438 867 737 or contact the agent via email.