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Summary
Office(s) and / or Co-Working - 5 offices, boardroom and multipurpose room. Great for your own business with offices fully furnished or to hire/sublease. Current office / tenants & casual users.
Rent
$841 pw
Location Details
150 Junction Road
Located in a suburban strip with other shops and offices incl cafe.
Ample parking at front, in side streets as well as garage and rear parking yard.
Comprising 2 shop fronts with an upstairs area.
On a bus route. 10 mins walk from the station.
Potential
The current tenants) renovated the office spaces and installed a quality and versatile fit out.
It has been set up as fully furnished offices ready to occupy.
There are 2 dedicated offices downstairs and an office that is a podcast room. The flat floor multipurpose space is also on the ground floor and can be accessed by a separate entry. The two shop fronts are interconnected.
Upstairs are another 2 offices and a boardroom.
Amenities include: kitchenette, garage with storage and carparking for 2 cars, 3 toilets & shower.
Skills
No skills required.
We offer the chattels for sale and to transfer the lease so you can run as own offices and if surplus, can sub-lease the other offices or hire out the spaces on a casual or semi permanent basis.
Alternatively, it can be run as a dedicated co-working hub and office space.
It has been set up to walk in and commence your own operations immediately as fully furnished office spaces.
It provides the ideal opportunity for your own business offices plus for passive investment through sub-leasing.
Hours
Fully accessible 365 x 7 days.
Current access is via a programmed Salto Key System (fob or digital access).
Lease
First term of initial lease expires in September 2025.
There is an optional 5 year term at the tenants option to 2030.
Employees
N/A
Current users access via independent fob system.
Chattels sale and transfer of lease. Not selling the business.
Reason for Sale
The owners had planned to run multiple businesses in the same strip (incl a cafe).
Personal circumstances have changed; the owners no longer have the time to operate multipe small business interests due to other full time work.
This represents a fully fitted ready to occupy office and flexible floor space for a business who is seeking to expand, or diversify.
It would be possible to occupy the offices and rent out the flat floor space separately. Enormous potential for business expansion.
About the Business
The property is available immediately to occupy subject to landlord approval of the lease transfer.
Chattels of all offices (fully fitted) for sale.
Nothing to do by a new owner.
It comprises a double shop front with 2 separate entrances + upstairs.
It can be used for own business interests or sub-let to other tenants.
One office is currently tenanted to May 2025.
There are multiple casual users who have regularly hired spaces (a psychologist, yoga classes, dance classes, art classes, counselling, committee & board meetings, and hybrid workers seeking an office close to home).
The current lease is due to expire in September 2025 however has a further 5 year option at the tenant's discretion - to notify by June 2025 of intent to take on the further term.. It is not expected that the landlord would object to lease assignment.
Monthly rent is $3642 + outgoings + bond.
It is a quality fit out. The business sale includes all fit out installations and office equipment such as desks, tables, shelving, cabinets, chairs, kitchenette, tv's, lighting, monitors and decor.
Rooms include:
**3 dedicated downstairs offices (one that can be used as a soundproof podcast room). Each office can seat 2 - 4 people.
**2 dedicated upstairs offices - one that can seat 3-5 people, the other 2-4 people.
**1 upstairs boardroom (seating for 12)
**1 large flat floor space that can be used as a multipurpose room or for an office hub or training room.
**A kitchenette.
**Bathroom with shower, 3 toilets (2 indoors, 1 outdoors).
**Rear courtyard or parking area (off a right of way)
**On premises parking for 2 cars with garage storage.
Accessible street and strip parking.
History
The owners of this business, started in this shopping strip by opening a cafe. They then had plans to open a wine bar adjacent to the cafe. Plans were submitted & a liquor licence approved.
While waiting for the approvals, this property became available to rent so the owners set up a co-working & versatile office space to compliment other business interests.
The impact of the pandemic resulted in the wine bar not proceeding.
The owners are now divesting all business interests of the strip in favour of spending more time with their family.
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