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Property Description
JLL are pleased to exclusively present 444 Logan Road, Stones Corner to the market – A ‘Best-in-class’ inner fringe office asset which has undergone a highly successful leasing campaign following an extensive capital works program.
With a cash flow underpinned by leases to reputable tenants within highly defensive sectors, the fully leased offering is secured by a 5.5 year* WALE (as at 1 March 2021) and strong fixed growth mechanisms annually across all leases.
Investment Highlights
- Net income of $899,404 p.a. plus GST with 5.5 year* WALE (as at 1 March 2021)
- Fully leased to defensive tenant sectors including allied health, professional & employment services
- 1,974sqm* of NLA over two levels, providing ‘best in class’ office accommodation
- Significant CAPEX program recently finalised including A/C plant, Lifts, amenities & EOT
- Connected location supported by generous, secure basement parking (1:52)
- Prominent 1,952sqm corner site with unrivalled signage/exposure
- Flexible mixed use zoning providing for significant development upside
- Set to benefit from future infrastructure upside & access to high quality amenity
- 4.5-star NABERS Energy Rating
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