Gross Waddell are pleased to announce the sale of 401 Clayton Road, Clayton for $2,850,000 representing a land rate of $11,220m2*
and a yield of 4%*.

Details of the property are as follows:

• Tenant: Commonwealth of Australia
• Lease Term: 3 + 3 + 3 years (commencement Mar-18)
• Rental: $114,000* p.a. net plus all outgoings including Land Tax
• Reviews: Annual 4% with a market review on exercise of each option term
• Building Area: 200m2*
• Land Area: 254m2*