Tenanted Investment Front and Center in Lifestyle Working Brookvale

156/117 Old Pittwater Rd, Brookvale NSW 2100, Australia

Properties (249)

For Sale (3)

Offices (1)

Brookvale (0)

Tenanted Investment Front and Center in Lifestyle Working Brookvale

$760,000

02 9091 0369

See Map

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.