LSE-2022-041RollingCommercial Net
Meridian Legal Chambers LLP
Property: 120 Collins Quarter — Commercial Tower • Occupied Area: Level 2 Suite 2.01 (500 m²)
Term status
Rolling holdover
Expires 2027-03-31
Rent collection rate
100%
Billed Monthly (day 1)
Arrears balance
$0
Account current
Bond / bank guarantee
$73,750
Ref: BOND-VIC-88219
General Lease & Term Covenant
Primary Tenant Contact
Meridian Legal Chambers LLPProperty Manager
Olivia Vance
Original Commencement
2022-04-01
Current Term End
2027-03-31
Renewal Options
2 × 3 Years
Final Expiry (Incl. Options)
2027-03-31
Rent & Outgoings Schedule
Annual Net Rent (Excl. GST)
$295,000 /yr
Monthly Base Instalment
$24,583 /mo + GST
Outgoings Recovery Share
17.5% ($49,700/yr)
Next Scheduled Rent Review
Market on 2027-04-01