TORONTO
2-6 Donnelly Avenue
2112sqm
1454sqm

sold

GOVERNMENT TENANT INVESTMENT
Auction: 14 July 2016
This solid brick lakeside building was purpose built in the year 2000 for government tenants - Centrelink / Medicare.
Currently bound to a 3+3+3 year lease , the building is split into two separate suites & offers:
- Net return approx. $300k p.a.
- Federal government lease to Dept of Human Services.
- Vacant suite of 538m2 with (12) secure car parks
- Potential net return of $420k p.a when fully let
A great opportunity exists here to acquire a government building with a vacant portion that may suit owner occupiers - in particular medical practitioners as suite 2 includes (12) car parks.
Investors looking to lease the vacant suite have potential to increase the annual rental income to over $400k per annum.
A solid, well built property in the heart of one of Lake Macquaries busiest economies.
WE'VE CONSISTENTLY BEEN THE GO-TO TEAM FOR ALL LEASING, SALES, MANAGEMENT, AND ADVICE - WITH A SMILE.
We're all about opening possibilities. Moving up, down, across, bigger, better - or as we like to say "Always a good move". We're shaking things up to do things differently, better, more effectively. Because, at the end of the day, it's really all about you. What do you want? What's your next move? How can we make that the best possible experience for you, your property, your lifestyle, your business? That's why we're here. That's what we do, and we have the team and the insights to make that happen.