525 High Street Preston, VIC 3072

• Positioned within the established Preston commercial precinct, this well-presented office investment provides a secure income stream with an established long-term tenant
• Functional office configuration comprising 7 main rooms, including reception area, open-plan kitchen and spacious bathroom/shower facilities
• Rear access to a secure undercover car park on title
• Flexible Activity Centre Zoning
• Leased to CVGT Australia Limited, who have occupied the property since May 18th 2018
• Current lease term commenced 1 October 2026 for a further one-year term, with one further one-year option
• Current rental of $54,742.16 per annum plus all outgoings and GST
• The property may be suitable for acquisition by a Self Managed Super Fund (SMSF), subject to the fund's borrowing structure, lender requirements and professional advice
• Potential tax benefits, including negative gearing, may be available to eligible investors depending on individual circumstances and tax advice

From 1 July 2024, eligible buyers of commercial and industrial properties can choose to pay stamp duty in full at settlement or spread the payments over 10 years.

For further information or to arrange an inspection contact:
John Kalpakis 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston has taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.