Outstanding commercial premises

The Convent Precinct, 20 Penola Road

This outstanding and flexible commercial premises is being offered for lease as a whole or in sections at a range of flexible rental rates.

The property being offered is indeed an exceptional opportunity for astute Lessees, whether they are government departments, corporations or private firms.

As well as being strategically located, this office complex has enormous prestige with all modern features, most of which could be arranged on a shared basis to reduce rental exposure. Close to all facilities of Mount Gambier with substancial on-site car parking.

Opportunities to lease a quality building such as this are all too few in Mount Gambier. The property has a great deal of appeal and value and not only presents a wonderful opportunity to obtain an exposure in a great location, but also to be able to walk in without major fit-out and establishment costs.

The premises for lease is available upon the following general terms and conditions:

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Commencement Date

Immediate, subject to fit-out requirements

Term

Minimum 2 years up to 10 years

Right of Renewals

2 terms of 5 years

Rental

From $250/m2 per annum
(subject to size, location and term)

Car Parking

Alloted staff and client spaces with ample 90+ on-site car parks available

Other Services

Phone system and network / Internet available

Reviews

Subject to negotiation but generally fixed at 3.5% per annum with market reviews in years 6 and 11
Maintenance Responsibility of the Lessee, but can be arranged by Lessor for a service fee

Fitout

At lesseeā€™s expense but some capital items by agreement

Guarantees

Required for companies or individuals

Documentation

de Bruin Nominees Pty Ltd has its own standard Lease documentation

*Strictly no smoking permited on the premises

Convent Precinct

The Convent Precinct

20 Penola Road, Mount Gambier, South Australia 5290

Phone +61 8 8721 3000
Fax +61 8 8725 8003
amanda@debruingroup.com.au