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Coutts North Sydney

102/11 Chandos Street St Leonards, NSW 2065

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102/11 Chandos Street,
St Leonards, NSW 2065

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SOLD BY NICK MOLONEY - 0477 545 111

  • BRAND NEW 3 + 3 YEAR LEASE
  • ALMOST 6% NET RETURN
  • NEXT DOOR TO ST LEONARDS STATION
Suite 102 is a work space overflowing with natural light which is only perpetuated by the double height ceilings and floor to ceiling windows, as well as being recently secured by a brand new 3 + 3 year lease. 11 Chandos offers an open plan work space for a modern high energy industry looking to immerse themselves amongst a flourishing suburb. Added security of a concierge/doorman offers an uncommon service amongst this strata building.

Investment:

- TENANT: Numeric Eight Pty Ltd
- TERM: 3 + 3 years
- START DATE: 23.03.2020
- SECURITY: 3 months gross rent
- GROSS INCOME: $37,000.00 + GST
- OUTGOINGS: $4,326.00 p.a. + GST
- NET INCOME: $32,674.00 p.a. + GST
- INCREASES: 3.5% annually or CPI whichever the greater

Located nearby to St Leonards train station with future location benefits of the Crows Nest metro station allowing for multiple points of transportation access. Additional advantages of Crows Nest grocers and food & beverage facilities as well as St Leonards forum.

OPEN FOR INSPECTION TIMES: By appointment only.

For any further information, to obtain an Information Memorandum, please do not hesitate to contact Nick Moloney – 0477 545 1...

Property ID: 503393506Last Updated: 28 May 2020

Coutts North Sydney

Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060
0477 545 1...
Coutts North Sydney
102/11 Chandos Street
St Leonards, NSW 2065
Coutts North Sydney
Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060

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