Paul Cunningham

Dee Why

10/22 Fisher Road

Sold SOLD CONTACT AGENT
72 sqms

Key details

Property Type Offices

Highlights

Beat the Banks

Earn 4.6% on a solid 5 year lease with a 3 year option and 3% annual reviews. Lock in your income today. The tenant has invested in over $109,000 in a high quality fitout.
Earn 4.6% on a solid 5 year lease with a 3 year option and 3% annual reviews. Lock in your income today. The tenant has invested in over $109,000 in a high quality fitout.

The property is a 72sqm medical practise that represents a great opportunity for a savy investor who wants to capitalize on a growing market in a booming suburb. Take advantage of historically low interest rates and beat the banks with this secure investment.

* Total area 72sqm plus 2 car spaces
* Brand new bathroom amenities installed
* Over $109,000 invested by the tenant in a new fitout
* 5 separate offices
* 1 Reception/waiting area
* Air- Conditioned
* Kitchenette
* Private rear Court Yard
* Onsite complex manager

TENANT DETAILS
* 4.6% Net Return
* New 5 Year lease commenced 17 October 2019
* 3 Year option with 3% increases annually
* Market review at option period
* Gross rent $25,500 + GST
* Approx outgoings $8,904 per annum + GST

LOCATION: In the Seascape complex in Dee Why on Sydney's Northern Beaches, popular amongst tenants from the medical profession. In close proximity to public transport, Restaurants, cafes, Dee Why Grand & less than 2 km from Dee Why Beach.

Features

Air Conditioning
Car Parking - Surface
Close to Schools
Close to Shops
Close to Transport
Kitchenette

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Dee Why Neighbourhood Profile

Your Concierge

As if having the Northern Beaches most iconic beach – Manly – just around the corner wasn’t enough, Dee Why also boasts its own local stretch of pristine coastline perfect for families to enjoy as part of their day to day life. With cosmopolitan restaurants and retail all around and plenty of fantastic schools to help the local kids thrive, Dee Why is growing every day into the destination along the Northern Sydney coast.

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