Unit 26, Palko - Fully leased and secure investment opportunity

Secure and quality investment opportunity!
C26 – 162sqm

The Opportunity:
This is an exceptional level 1 tenancy in the architectural masterpiece that is the Palko building, with retail and office presence on Lonsdale Street.

An investor’s dream, it is a fully leased investment but with the security of two tenants, as the space has been subdivided.

The Particulars:
26A – Authentix Eco Beauty and Wellness – 75sqm. Lease expires 1 August 2025 with a 5 year option. 2% increases. Currently paying $26,250 pa + outgoings.
26B – Outkast Tattoo – 87sqm. Lease expires 15 Nov 2023 with a 5 year option. 4% increases. Currently paying $28,000 pa.

*Take advantage of reduced GST and no stamp duty!

Contact Chris Antos from Laing+Simmons for more details.