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52-54 Chandos Street St Leonards, NSW 2065

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52-54 Chandos Street,
St Leonards, NSW 2065

Offices • Development Sites & Land • Other

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SOLD SOLD SOLD - Fully Leased Freehold Investment

The sale of 52-54 Chandos Street, St Leonards represents an exceptional opportunity for investors to purchase a fully leased, recently refurbished freehold commercial investment property with the following key attributes:

• Gross Floor Area of 987sqm + 16 off street car spaces
• Net Income: $289,000 (approx.) at 1/07/2014
• 100% securely leased to exemplary tenants in McGrath Foundation and Commodity Inspection Services (CIS)
• Strong Weighted Average Lease Expiry (WALE) profile of 3.56 years as at 1st July 2014
• Low risk multi-let freehold commercial building with staggered lease expiries
• Recently refurbished modern building with high end finishes, large entertaining deck and light filled office space
• District views to the rear from all levels
• Dual access from Chandos Street and Henry Lane
• Prominently located with excellent exposure and signage rights to Chandos Street
• Future development potential with underutilised floor space ratio and height limits creating opportunity to increase floor space to 1,632sqm (approx.) (STCA).
• Strong growth area with many proposed and approved residential developments in the immediate vicinity
• Exceptional transport links with St Leonards Bus and Train Interchange within close walking distance.

For further information or to organise an inspection time please call the exclusive agents listed above.

Property ID: 501114315Last Updated: 27 Jul 2014

02 9957 66...
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52-54 Chandos Street
St Leonards, NSW 2065
Colliers - Sydney North
Level 42, 100 Miller Street
NORTH SYDNEY, NSW 2060

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