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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).