SOUTH MELBOURNE
19-25 Raglan Street

For Sale

Excellent Investment Opportunity- Suit Owner Occupier or Investor.

Modern three level office building having a net lettable area of 1689sqm situated on 712sqm of land and providing off street bacement parking for 21 cars. The building is set in a plesant garden setting, has a north aspect which provides natural light to all the floors. Levels 2 and 3 are securely leased and there is an optus tower on the roof providing income, while level 1 is vacant providing an opportunity for an investor or an owner occupier.

* Potential return to Investor $428,000.00 p.a (net)

* Level One Vacant- suit owner occupier.

* Current net return $290,689.p.a

* Natural light to all levels.

* Optus tower returning $24,433 p.a

* Land area 712sqm.

* Zoning Business 5.

* Call Nick Bade : 0425 781892 or Chris Curtain : 0418 335572 to arrange an INSPECTION.

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Property Information

  • Building Size 1689 m2
  • Type Offices

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