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Address available on request North Sydney, NSW 2060

Address available on request,
North Sydney, NSW 2060

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Fantastic Opportunity to Occupy or Invest.

  • Offers up to an 8.2% Net Return
  • Priced for an Immediate Sale
  • Opportune Location
Located in the well presented 25 - 29 Berry Street complex, this 53sqm office boasts a high quality glass partitioned fit out which will be sure to suit a wide variety of users. The suite, at present, has the capacity to
accommodate 7 staff and enjoys the benefit of an internal kitchenette. Priced for an immediate sale, one will have to be quick in order secure this fantastic opportunity.

Features Include:
- 53sqm of glass partitioned office space
- 1 car space on title with additional available for purchase
- High quality building and finishes
- 3 offices, open plan space, reception and kitchenette
- Individually controlled air conditioning
- Additional common kitchen and bathrooms with shower facilities
- Opportune location with foyer café
- Great lift exposure

An opportunity has arisen for an astute investor with the current owner willing to enter into a 12 month lease at a market rent. This will save a savvy investor money on advertising, leasing fees and vacancy with the ability to advertise for a new tenant closer to the expiry date. Given the fact that tenants in the current market are looking for cost effective solutions the fact that this space has 2 glass partitioned offices, a meeting room, kitchenette and reception will ensure that this property is a well performing asset into the future. The rent will be in line with market at $450/sqm Gross + GST + parking @ $400 pcm + GST + Levy.

Gross Rent:   $28,650 + GST + Levy per annum
Outgoings:     $4,161.97 (+ GST where applicable)
Net Rent:       $24,488.03 + GST

At the price of Offers Over $300,000 + GST this offers up to an 8.2% Net Return, which is an exceptional return considering the quality of the product.

Property ID: 500714431Last Updated: 13 Dec 2013

02 9925 12...
realcommercial.com.au logo
Address available on request
North Sydney, NSW 2060
Coutts North Sydney
Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060

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