You can own a 10th floor office Suite for just $235,000.
If you are looking in the $200,000 to $250,00 price range, and want to move away from residential apartments … this could be what your are after.
It is leased until October 2010, with a 4-year option. And the current net annual rental of $15,496 pa increases by 4% pa.
On that basis, your annual return works out to be better than 6.5% NET.
Would you like more information on the lease, as well as some recent sales within the building? Plus a copy of the office layout for the Suite?