Prime Notting Hill Investment with Established Tenancy Profile | 7% return
- Minutes from Eastlink
- Excellent natural light
- Quality amenities
Proudly offered by Cameron, this outstanding investment opportunity presents a premium commercial asset in the tightly held Business Park Drive precinct.
Fully leased to two established tenants and generating approximately $127,000 per annum, the property offers immediate income security, annual rental growth and a compelling 7.05% gross yield. Positioned within one of Melbourne’s most sought-after business parks, this is a quality set-and-forget investment with strong underlying fundamentals and future upside.
14 Business Park Dr, Notting Hill
Property Features:
• 7%+ gross return
• 514m2 area (approx. 257m2 per level)
• Leased to two tenants – one per level
• Combined rental income approx. $127,000pa + GST + Outgoings
• Each tenancy features open-plan layouts, partitioned offices & meeting rooms
• Minutes from Eastlink
• Excellent natural light with large perimeter glazing
• Quality amenities & kitchenettes on both levels
• Ducted air-conditioning and heating
• Land area attached (18 on-title car spaces)
• Zoned Special Use Zone (SUZ6 – Monash Technology Precinct)
• Well-presented corporate estate with landscaped surrounds