This premium office of approximately 34 sqm is currently leased to a graphic design company called We Are Synapse.
They specialise in art direction, design, branding, illustration and web development.
This new lease commenced on 1st March 2010 at a rental of $11,940 pa plus outgoings plus GST, affording a 6% net return.
We are Synapse have been enjoying their occupation for nearly 4 months.
Presently there are about 5 staff in an open plan configuration.
It is important to note that the vendor has offered to guarantee 3 years of income at 6% of the purchase price so that they investor can enjoy the security of a longer term income stream.
9 Yarra Street is a 15 level building designed by Bird De La Coeur Architects and interior design by Hecker Phelan Guthrie.
Situated close to public transport and the world class shopping precinct Chapel Street.
The building has a commercial carpark, on-site building maintenance manager, 24/7 access, boardrooms available for hire and for extra convenience, the renowned Outpost Cafe located on the ground floor, owned by St Ali.
IMPORTANT NOTE:
All prices, rents and outgoings are quoted exclusive of GST. The Purchaser, Tenant or Occupant will be liable to pay the GST if applicable. An interested party is at all times responsible to ensure that the property inspected is suitable for their purposes and should note that the nominated area measurements are approximate and should not be relied upon. Area calculations may vary substantially, depending upon the basis of measurement. A Net Lettable Area is often smaller than a Title measurement. The Agent does not warrant that any area is correct and will not take any responsibility for area calculations, provided by a third party. The Agent recommends that a Purchaser, Tenant or Occupant have an area measurement certified by a surveyor if they wish to rely upon it.