SUPERB INVESTMENT OPPORTUNITY - $1300000

Description

"PROPERTY SOLD" MAGNIFICENT HISTORICAL BUILDING - AUCTION ZONED: BUSINESS ONE ONE TITLE TOTALLING 799M2 TOTAL OFFICE SPACE OF 472M2 HISTORIC BUILDING: CIRCA 1872 IN PRIME CENTRAL POSITION INCUMBENT TENANTS OFFERING EXCELLENT LEASE TERMS This superbly refurbished building is of the highest calibre, the style of which is rarely offered for sale in the tightly held Bendigo CBD area. Excellent long tenants offering a 5 x 5 x 5 year lease with a substantial rental figure. This magnificent historic building was constructed in 1872 for the Sandhurst Savings Bank and was designed by renowned achitects of the time Reed and Barns. Joseph Reed also designed the Melbourne Town Hall and State Library. Reed and Barns were also responsible for the Exhibition Building and Ripponlea. There are two levels presented with the ground floor being approx 353M2 and the first floor approx 119M2. The building has been completely refurbished for use as office space with reception upon entering the front door. Behind the adjoining wall are numerous offices, staff facilities and plenty of space for utilities such as photocopying. The upper level, whilst much smaller, is also utilized as office space and is serviced by both a lift at the front of the building and a stairwell at the rear. There are several offices on the first floor as well as a balcony overlooking the streetscape. The building is network wired for computers, has heating and cooling throughout and has onsite parking for six cars. A truly wonderful opportunity for the astute purchaser. AUCTION: FRIDAY 1ST AUGUST 2008 @ 1.00PM ONSITE TERMS: 10% DEPOSIT / BALANCE 30 -60 -90 DAYS