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Posted on 03 August 2018

Vinci Carbone has listed a showroom/office building in Nunawading, fully leased to a public company tenant. Situated at 260 Whitehorse Road, the asset has a 10- year lease in place to Steinhoff Asia Pacific Limited, trading as Freedom.

The furniture retailer is located on a prominent corner, opposite Bunnings and adjacent to other national brands. Rent is approximately $768,200 per annum plus outgoings and GST with fixed 3 per cent increases. The tenant pays all outgoings including single land holding tax and management fees.

The building comprises a recently refurbished showroom and a first floor office totaling some 2993 square metres. The Commercial 2- Zoned allotment measure about 3730 square metres; it has combined frontages of circa 135 metres.

The property is scheduled for on-site auction on Wednesday 15 August at 3pm.