Paul Cunningham

Brookvale

Sold $310,000 exc of GST
80 sqms

Key details

Property Type Offices

Highlights

Wattle It Be? Investment Opportunity

Area = 80sqm plus 2 parking spaces. Great entry level investment opportunity. Air-conditioned office in popular mixed use development sitting proudly on a corner location.
Area = 80sqm plus 2 parking spaces. Great entry level investment opportunity. Air-conditioned office in popular mixed use development sitting proudly on a corner location.

One year lease commencing 1/10/2015, current rent $25,406.17 + GST Gross (including outgoings per annum) and 5% increases.

Features:
* 2 undercover parking spaces
* Practical fitout with reception, open plan working area and meeting room and office.
* Security building
* Large glazing across one wall providing pleasant outlook
* Glass partitioning allowing for the intrusion of light throughout the office
* Kitchenette
* bathroom
* Air-conditioning with individual climate control
* On-site cafe
* Lift
* For Sale $310,000 exc of GST
* Net yield of circa 7% at $310,000 exc GST
* Inspections by appointment.

Estimated Approximate Annual Outgoings:
* Council Rates $1,050
* Water Rates $85
* Strata Levies $2,500
* Total $3,635

Situated on the second floor of a security gated mixed-use commercial development, the suite benefits from natural light throughout the day from large glass windows that look on to residential properties over the road. There is a large common lift that provides access to the undercover car spaces.

Location:
In the practical, iconic "Eastpoint" development in the sought after Northern Beaches Brookvale Industrial Precinct. Situated on the corner of Wattle Road & Mitchell Road, just a stone throw away from Westfield Warringah Mall, Australia Post, banks, potential suppliers and clients. Pittwater & Warringah Road are close by for access to greater Sydney.

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Brookvale Neighbourhood Profile

Your Concierge

What’s not to love about a Northern Beaches suburb that’s a stone’s throw from the beach, unbeatable shopping, and is fast becoming home to the trendiest pop-up cafes and bars north of the Sydney CBD? Brookvale has it all, and so much more, and with its industrial heart booming from year to year, the best is still to come for this hive of local activity.

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