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CONTEMPORARY MODERN OFFICE, IN AN ENVIABLE LOCATION

LOT 209 / 11 Chandos Street, ST LEONARDS NSW, 2065

Sold

Property Sold in LOT 209 / 11 Chandos Street, ST LEONARDS NSW, 2065

Raine & Horne Commercial North Sydney

Ground Floor, 124 Walker Street, North Sydney, NSW 2060

Listing ID:
11302587
Status:
Sold
Price:
AUCTION!
Last Updated:
15/09/2018
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Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

87 SQM
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Parking

1

CONTEMPORARY MODERN OFFICE, IN AN ENVIABLE LOCATION

Suite 209, 11 Chandos Street, St Leonards is a well-designed 87sqm office space which boasts great natural light along with a high-quality fit-out. The suite consists of 3 generous glass partitioned offices, an open plan working area and a beautifully appointed reception / waiting area. Being one of the only buildings in the area with a concierge, this property benefits from high quality presentation throughout as well as taking advantage of its superior location with access to public transport, amenities, arterial roads, and convenience to the Sydney CBD.

- TENANT: Location Property Group
- TERM: 3 + 3 years
- COMMENCEMENT: 01 June 2018
- SECURITY: 3 month rent by way of cash deposit or bank guarantee
- GROSS INCOME: $46,290 p.a. + GST + Levies
- OUTGOINGS: $6,078.11 + GST where applicable
- NET INCOME: $40,211.89 p.a. + GST
- UPSIDE: With the net return already very competitive within the commercial market, the 4% increases make the property even more attractive.

The property is located well within the St Leonards CBD, being just a short 2 minute walk to St Leonards train Station & Transport Interchange. Already within close proximity to popular eateries and cafes, the short walk to Willoughby Road, Crows Nest is a significant benefit. Adding substantial desirability to a wide range of businesses should the office ever be vacant.

OPEN FOR INSPECTIONS
Saturdays 10am

For sale via public auction:
10:30am Tuesday 03rd July 2018
Auction Works: Mezzanine Level, 50 Margaret Street, Sydney NSW 2000

To obtain an information memorandum, further property details or arrange inspection via appointment, please contact Nick Moloney.

For more details, please email agent


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Raine & Horne Commercial North Sydney

Ground Floor, 124 Walker Street, North Sydney, NSW 2060


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