Tenanted Investment Front and Center in Lifestyle Working Brookvale
- Sale/Lease: Sold!
- Property type: Offices
- Suburb: Brookvale
- Property size: 94.6 m²
- Car Spaces: 2
- Postcode: 2100
- Street: Old Pittwater Road
Features
- Air Conditioning
- BBQ
- Broadband Internet
- Disabled Facilities
- Internet
- Kitchenette
- Lift
- Meeting Rooms
- Pet Friendly
- Swimming Pool
Details
Now for sale – suite 156 is at the front of the building and has a solid tenant with over 2 years remaining on the initial term of its second lease in the building.
Purchase Details:
• Purchase Price $760,000.
• Net rent of $52,000 per annum.
• Net yield 6.84%.
• Net lettable area of 94.6 sqm
• 2 Car Spaces on title (1 tandem on B2) and large visitor parking area.
Lease Details:
Uniting signed a new 3 year + 1+1 year lease, commencing 1 July 2020, expiring 30 June 2023. Copy of executed lease available upon request. Uniting has been a tenant in this suite since 2016.
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