Secure Leased Investment -High exposure BLUE CHIP asset that is a safe and secure investment opportunity, offering exceptional Russell Road Street exposure.Take the opportunity to invest and nest in a prominent first-floor modern office, situated in the heart of the Success business precinct, amongst major retail and commercial businesses, recently fitted out in 2017, well looked after secured investment with outstanding tenants that have a strong growing business in an ever-growing suburb.PROPERTY DETAILS:- Building area: 116m2 (approx.)- Renovated: 2017- Approved Use: Commercial Office- Zoning: MIXBUS- Year Built: 2012LEASE SUMMARY:- Lease Term: 5 years + 5 years- Lease Commencement: 28/02/17- Current Passing Rent (Gross): $ 27,000 per annum approxInspections by appointment only.Please contact the exclusive agents below to arrange an inspection.
The size of Success is approximately 6.0 square kilometres. There are 23 parks, covering nearly 15.1% of the total area. The population of Success in 2016 was 10148 people. By 2021 the population was 11340 showing a population growth of 11.8% in the area during that time. The predominant age group in Success is 30-39 years. Households in Success are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Success work in a professional occupation.In 2021, 67.70% of the homes in Success were owner-occupied compared with 69.10% in 2016.
Success has 5,413 properties. Over the last 5 years, Houses in Success have seen a 99.58% increase in median value, while Units have seen a 135.73% increase. As at 31 July 2026:
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