The Opportunity

Hazeldean Business Park is a stunning example of an architecturally designed integrated office development with a substantial carpark offering situated in a high-profile fringe CBD position.

Features
• Combined land holding of 1.6086 hectares
• 89.21% occupied (excluding building 6.)
• Modern improvements
• Total NLA of approx. 15,043 sqm over 6 buildings
• Net income of $2,192,017 pa (excluding building 6.)
• Various titles enabling individual sale
• Substantial supporting carparks (454 individual spaces)
• Strong location
• Value add/higher yielding opportunity

For Sale by Deadline Private Treaty: 4pm, Thursday 30 June 2022 (unless sold prior).

Highlights

Total NLA of approx. 15,043 sqm over 6 buildings

Comprising 6 individual buildings including a multi-storey carpark, the buildings are situated on multiple titles enabling individual sale. Occupied by 19 individual tenants spreading risk, there is strong occupancy and rent upside potential.

Strong location

To the astute investor, this is an opportunity to secure quality buildings in a strong location, underpinned by a substantial land holding. Sound income is provided with an occupancy of 89.21% (excluding Building 6). In isolation for Building 6, dependent upon treatment, there is scope for refurbishment, redevelopment, or a higher-yielding proposition.