Neutral Bay

  • 130 sqm
  • 1

For sale

CONTACT AGENT

SECURE INVESTMENT, ALL OUTGOINGS PAID BY THE TENANT!

Located on the ground floor of a quality mixed use development, Suite 4 is exploding with excellent features for a secure commercial investment property. The large office suite is configured to perfection for the current tenant and majority of future office tenants, decreasing the potential for any future capital outlay. Having the rare feature of internal & separate, male & female bathrooms, the suite provides sensational privacy & convenience for any occupant. Consisting of multiple glass partitioned executive offices, welcoming reception, open plan work areas, separate storage / utilities room, professional glass partitioned boardroom & the coveted internal kitchen and private bathrooms.

Investment:

- TERM: 5 + 5 years

- COMMENCEMENT: 01.09.2017

- SECURITY: $17,833.47 (3 months of the base rent)

- INCOME: $62,062.65 p.a + GST

- OUTGOINGS: 100% PAID BY THE TENANT, INCLUDING LAND TAX, BUILDING INSURANCE & 50% OF ANY SPECIAL LEVY*

- NET INCOME: $62,062.65 p.a + GST

- UPSIDE: 3% annually

3-7 Grosvenor Street is nestled in the heart of Neutral Bay with access to all of the locals favorite eateries and café as well as chemists, post office, banks and the popular Oaks Bar & restaurant. Only minutes from arterial roads, public transport and the Warringah freeway / M1, suite 4 is poised to take full advantage of its surroundings.

OPEN FOR INSPECTION TIMES: Inspection by appointment.

*Tenant is responsible for 50% of any liability for special levies struck in respect of the strata scheme.

For any further information, to obtain a property brochure, please do not hesitate to contact Nick Moloney – 0477 545 111.

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Property Info:
  • Property ID: L1265716
  • Property Type: Offices
  • Building / Floor Area: 130 sqm
  • Car Spaces: 1