51 Cattley Street, Burnie
The property comprises a Landmark “A” grade freehold office building located at 51 Cattley Street, Burnie with 3,720m2 NLA and 5 carparks onsite.
Features at the time of purchase included:
- Landmark “A” grade freehold office building.
- 3,720m2 NLA
- 5 carparks onsite.
The investment strategy identified at purchase highlighted:
- The opportunity to enjoy high income returns from Federal and State Govt tenants
- Seek lease extension and market rental reviews when major tenant leases come up for renewal.
|Purchase Price / Date||$10.25m / October 2021|