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Gilberts Property Co

H&R Block, 4/1238 Pittwater Road Narrabeen, NSW 2101

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H&R Block, 4/1238 Pittwater Road,
Narrabeen, NSW 2101

Shops & Retail • Offices • Medical & Consulting

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Floor area

Car spaces

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$65,000
Number of Tenants
1 Tenant
Tenants / Type
H&R Block

Private inspections

to arrange a private inspection.
Gilberts Property Co
Michael Gilbert

Gilberts Property Co

Level 10, 20 Martin Place
SYDNEY, NSW 2000
04300248...
Gilberts Property Co
H&R Block, 4/1238 Pittwater Road
Narrabeen, NSW 2101

Map of H&R Block, 4/1238 Pittwater Road

Directions
  • Bus stops within 5 km of H&R Block, 4/1238 Pittwater Road, Narrabeen, NSW 2101Distance
    Pittwater Rd Before Robertson St163 m
    Narabeen Lakes Public School, Park St205 m
    Pittwater Rd at Goodwin St217 m
    Pittwater Rd After Goodwin St231 m
    Pittwater Rd Before Narrabeen St262 m
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POWERED BY HERE ©

Affordable Premium Investment, Global Tenant, Beachside Location

  • Secure 5 + 5 Year Lease to H&R Block
  • Global tenant with 400 offices in Aus
  • Net income: $65,000 p.a
Gilberts Property is pleased to offer H&R Block, Narrabeen NSW for sale via Expressions of Interest.


The property has the following investment highlights: -

H&R Block, new 5-year lease, plus a 5-year option to 2034
Direct lease to H&R Block, over 400 offices throughout Australia
Australia's leading tax preparation firm, with over 2,500 tax consultants
High profile 123 sqm office, plus 8 valuable parking spaces
Prominent position between Bunnings & the famous Narrabeen Beach
Located on Pittwater Road, with over 32,000 car per day
Close to 7-Eleven, the famous Narrabeen Sands Hotel and the iconic “Rip Curl” building
Modern, mixed-use building with valuable depreciation available
The Northern Beaches population forecast to grow to 308,616 by 2041
Wealthy demographic with an enviable beachside lifestyle
Tenant pays usual outgoings (as per lease)
Annual 3.5% annual rent increases (net income $74,588 in 2028)

Net income $65,000 + GST

For sale by Expressions of Interest, closing 31 October 2024 at 4pm

Property ID: 504694576Last Updated: 9 Oct 2024

Gilberts Property Co
Level 10, 20 Martin Place
SYDNEY, NSW 2000

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