Laing and Simmons Commercial South East is pleased to offer this affordable investment located at 21 Bay Street, for sale by private treaty.

It will be sold as a leased investment; including a tenancy in place for occupation of the entire building.

This recently built, three level commercial premises has new fit out, disabled water closet, and air conditioning. Additional selling points include a balcony on each floor, excellent natural light (North-West facing), lift and stair access and parking underneath the building. Brand new fit out on each level, absolutely no expenses spared.

21 Bay Street, has excellent access to Sydney Airport and the Eastern Distributor providing quick connectivity to the Sydney CBD.

Lease details:

* New lease beginning 1 May 2023, whole building tenant
* Lease term 10 x 5 x 5
* Gross Lease price $105,000 + GST
* Net lease price $103,080.95 + GST
* Out goings: Water: $708.12 pa, Council $1,210.93 pa, Land tax: no land tax payable based on land value
* 3% annual increases

Property Highlights:

* Flexible B7; Business Park zoning. All office and light industrial permitted
* 90sqm floor plates with additional balcony and parking with turn table
* Lift and stair access to all levels
* New fit out to each floor, including floor coverings, ceilings and internal walls
* 5 min drive to Airport, 7.5km from Sydney CBD