![Image of door](https://www.datocms-assets.com/110203/1698473439-135_timor_007_8f10-54d8-9190-d6f2-d0e6-7c0c-d836-7e44_20220808105324.jpg?auto=format&w=1200)
Blue Chip Tenant, Healthy Return
This well-located office building in Warrnambools CBD, represents a high yielding investment with long standing tenant (currently 25 years approx.) federal government backed tenant (Australian Hearing).
Measuring approx. 280m2 it currently nets the landlord $69,401.46 per annum equating to a 6.9 – 7.3% yield (depending on purchase price).
Currently under lease until September 2024 with 2 further 3-year options and fixed 2% annual increases, the building is in good condition with the roof having been replaced approximately 7 years ago.
An investment that’s not only a better return than money in the bank; but better by double!
![Image of architecture](https://www.datocms-assets.com/110203/1698473979-135_timor_001_f29a-3372-bc2b-1ce6-85f5-5438-35c0-0537_20220808105321.jpg?auto=format&w=1200)
![Image of door](https://www.datocms-assets.com/110203/1698473439-135_timor_007_8f10-54d8-9190-d6f2-d0e6-7c0c-d836-7e44_20220808105324.jpg?auto=format&w=1200)
![Image of floor](https://www.datocms-assets.com/110203/1698474294-135_timor_016_22eb-4be9-8a57-0713-da58-5392-0c3b-d69a_20220808105326.jpg?auto=format&w=1200)
![Image of floor](https://www.datocms-assets.com/110203/1698474603-135_timor_021_1298-2be9-f69e-3036-3fa6-3a31-c21b-cc00_20220808105328.jpg?auto=format&w=1200)
Sold
135 Timor Street
Warrnambool VIC 3280
Warrnambool VIC 3280