FREEHOLD LEASES

month

Street

no.

net rent$

outgoings (if known)

office area

land area

net $psqm

cars

details

Apr'12

Charles Street

34

60,000

e10000

155

e677

387

8

residential property to be used as a physio. clinic; re-development clause

May'12

Bowman Street

15

63,500

 

127

595

500

6

residential property/ office use

Jun'12

Charles Street

16

tba

0

172

595

 

7

well converted residential property; short term lease; re-development clause

Jul'12

Charles Street

30

120,000

0

239

1,037

502 (=389 net equiv.)

12

classic stand alone office on large site; high standard of presentation;  new lease no incentives; rent includes o/goings approx.$27,000 and twelve carbays; 2 year lease, cpi reviews

Jul'12

Lyall Street

6

42,000

e10000

138

625

304

 

modest presentable property rebuilt 1985

Nov'12

Lyall Street

10

57,000

e11000

171

603

333

7

good functional office building; 3 years, no incentives

Jan'13

Charles Street

27

65,000

12225

193

595

337

6

free-standing office building, six under-cover bays; 3 years plus option, no incentives

Jul'13

Lyall Street

11

60,000

e11000

165

595

364

7

converted residential style office; renewal after 2 years

Nov'13

Lyall Street

12

50,000

13917

190

595

263

7

short term lease; converted residential style office

 

Charles Street

23

60,000

e12,000

220

595

273

4

old converted office

March'15

Charles Street

29

60,000

0 202 595

243 equivalent

7 inclusive sub-lease for a very limited term

Apr'16

Charles Street

27

55,000

19072

193

595

285

6

free-standing office building, six under-cover bays; rent renewal

May'17

Hardy Street 14 32175 e21000

165

595 195 8

converted residential style office; new 3+2 lease; annual cpi reviews and market on renewal; 3 month rent free period; carbays included

Jul'17

 

Lyall Street

11

40,000

e21000

165

595

242

7

converted residential style office; two year lease, no option, no incentives, no reviews carbays included in the rent

Apr'18 

Lyall Street

12 52,388.40 21122

190

595

276

7

converted residential style office; renewed for two years, no reviews carbays included in the rent

Apr'19

Charles Street

27

44,350 18444

193

595 230 6

free-standing office building, six under-cover bays; rent renewal reduced rent

 Feb'20

Lyall Street

11

40,000


21642

165

595

242

7

new lease two year lease; renovated single level office; two year option, no incentives, rent fixed two years

Jul'20

Lyall Street 12 65,000 23546

193

595 337 9

free-standing building, total renovation for medical use partly funded by lessor; six year lease with two x six year options; annual reviews cpi or 2.5%