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Address available on request Engadine, NSW 2233

Address available on request,
Engadine, NSW 2233

Offices

Price information

Sale

$900,000

Key property information

Floor area

Car spaces

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Prime Office in Engadine CBD - Main Office with Additional Income Streams

To enquire, please email or call 1300 815 0... and enter code 5988

This lot in the Southern Corporate Centre comprises:
- Main office (142 m2), current tenant has occupied the office since 2002
- Smaller office (37 m2) current tenant has occupied the office since 2020
- 3 undercover car spaces in the building's secure car park with automatic gate
- 2 separately leased storage rooms within the building's car park providing additional income
- 6.0% rental yield with annual CPI rent increases
- Tenants have access to internal common area bathrooms and kitchenette managed by others
- Security access for the building and CCTV monitoring

Other offices in the building are also available.

The Southern Corporate Centre is the only office building in Engadine and there are very few comparable office spaces in the area. It's a secure building with security pass access outside of business hours and security CCTV.

With a large and growing residential base, office spaces in Engadine are highly sought-after by local business owners. Engadine is experiencing a high level of growth with recent developments including the Gallery (115 apartments), Rise (30 apartments) and Hermitage (64 apartments).

Features:
- Close proximity to Engadine Town Centre and major retailers such as Coles, Woolworths, ALDI, BWS & Dan Murphy's
- Across the road from Engadine Train Station and accessible by an underground walkway and lift
- Free Council car park adjacent to the building's car park

The Southern Corporate Centre is occupied by 21 professional businesses. Offices in this building experience a high occupancy rate given the area's shortfall of professional space. This office would suit an investor looking for a low-maintenance, high-return property; or an owner-occupier business could take possession of one or both offices at the end of the current leases. Please refer to the Southern Corporate Centre website for more information on the complex.

To enquire, please email or call 1300 815 0... and enter code 5988

Property ID: 504208372Last Updated: 22 Jul 2024

13008150...
realcommercial.com.au logo
Address available on request
Engadine, NSW 2233
Property Now - BRISBANE CITY
9/204 Alice Street
BRISBANE CITY, QLD 4000
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