Share this property

realcommercial.com.au

5&6/470 Sydney Road Balgowlah, NSW 2093

5&6/470 Sydney Road,
Balgowlah, NSW 2093

Offices
Added 2 days ago

Price information

Sale

$850,000

Key property information

Floor area

Car spaces

Tenure type

Private inspections

to arrange a private inspection.

Map

Directions

Beat the Banks. 7% Net Return

Perfectly positioned and beautifully presented. This property is situated on the top floor, north-facing, in one of Sydney's best lifestyle suburbs on the Northern Beaches.

The two properties are combined into one suite and are currently leased to the current tenant "State Of Escape," who has been in occupation since 2017. Previously the suite was set up as "Workspace Balgowlah" and operated as a shared space business. Should the current tenant move on at the end of their lease, it provides any new owner with the opportunity to revert to this model and significantly increase the current income. Each office is lockable, accommodating 5 to 6 separate tenants, making it ideal for many small businesses.

The property is well appointed and priced to sell, with excellent current and future returns to a wise investor.

* Area 139 sqm
* 2 Car spaces
* 2 Combined brightly lit contemporary office suites
* Signage rights to the front of the building 11x1.1 meters long
* New timber laminate flooring throughout
* Modern fit-out
* 7 Executive office suites, any of which can be boardroom/storage areas
* 3 Office suites have their own kitchenette
* Impressive staff kitchen with built-in dishwasher
* Reception/waiting area
* Air-conditioned
* LED lighting
* ADSL2 internet
* Net Rent: $60,066 + GST per annum
* On-site parking and in surrounding areas
* Can be converted into lockable shared working spaces
* Internal and separate male and female amenities
* 10 meters (approx.) to bus services
* Excellent opportunity to secure a premium office suite investment

Centrally located in a peaceful, serene area, this top floor Executive suite offers easy access to Spit Road, Sydney Road, and Condamine Street and is within proximity to all major services in Balgowlah and Seaforth. This ideal location provides easy access to the City CBD and is only a short walk to public transport. Experience the unique location benefits as the commercial suites sit conveniently between Balgowlah and Seaforth Shops, providing a wealth of choice with specialty retail outlets, cafes, restaurants, post offices, supermarkets, and transport services all within reach.

Don't miss this excellent opportunity to elevate your business in the heart of the Northern Beaches.

Call Paul Cunningham on 0413 161 6... or Saxon Stonehouse 0408 033 3... today for your inspection.

Additional information

Property ID: 504704464Last Updated: 3 Oct 2024

realcommercial.com.au logo
5&6/470 Sydney Road
Balgowlah, NSW 2093
Upstate - Northern Beaches
Suite 15, Level 1, 888 Pittwater Road
DEE WHY, NSW 2099

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.