– New 5+5+5 year lease
– Prime retail main street position
– Modern 444m2 building
– Large council carpark at rear
– Bank pays all outgoings
– Net Income: $124,000 p.a. (approx.) + GST
Auction: Tuesday 21 October 2008
Archives: Properties
53-55 Cronulla Street CRONULLA
– Substantial freehold building on landmark corner
– Long 5 year leases plus options
– Fronts onto busy Cronulla Street Mall, Purley Place and Council Carpark at rear
– Tenants pay outgoings / Annual 4% increases
– Tightly held retail precinct
– Excellent future development potential
– Must be SOLD!!
– Net Income: $374,400 p.a. + GST
Auction: Tuesday 21 October 2008
373-375 New South Head Road DOUBLE BAY
– Modern 2 storey freehold building
– Excellent exposure
– Exclusive boutique retail precinct
– Long term leases, established ground floor tenant occupied from premises since first built in mid 90’s
– Substantial 455 m2 building + 5 on-site cars
– Tenant pays outgoings
– Annual CPI rent increases
– RLA and council car park
– Rare offering, tightly held strip
– Net Income: $252,000 p.a. (approx.) + GST
Auction: Tuesday 21 October 2008
24-32 Lexington Drive BELLA VISTA
– 354 sqm office + 14 car spaces
– 3+3 year lease
– Expiring July 2011
– 3.75% annual reviews
– Net Income: $120,360 p.a. + GST
– One of Australia’s largest master planned business communities, Norwest Business Park has won over 30 national and international awards over the last decade
– 377 hectares
– 30 minutes from Sydney CBD – direct access to M2 & M7
– Home to over 400 companies and 25,000 employees
– Superior technology and infrastructure
– The ultimate workplace environment incorporating shopping, 132 room hotel, bank, childcare, medical and public open spaces.
117 Old Pittwater Road BROOKVALE
Lifestyle Working Brookvale is a brand new and exciting office development providing three levels of high grade commercial office accommodation and basement car parking.
It’s distinctive design is attractive, contemporary and also very functional in the way that it provides a high level of quality in all of its suites and facilities whilst aiming to meet the highest level of ecological sustainability. Initiatives that have been incorporated into the building’s unique design include:
? Natural and cross flow ventilation
? Rainwater harvesting
? Solar panels
? Health club, lap pool, café/restaurant
? Energy savings and environmental advantages
? High levels of occupier comfort
There are two suite investments currently available, both with secure and reliable tenants in place with 3 and 5 year leases respectively. Don’t miss this opportunity to own a part of this amazing new development.
297-301 Argent Street BROKEN HILL
– Renewed 5 year lease to Westpac
– This site occupied by Westpac Circa 120 years
– Tenant pays outgoings
– Annual 4% rent increases
– Thriving resource city – population 25,000
– Net Income: $73,270 p.a. (approx.) + GST
467 High Street PENRITH
– Core retail precinct
– 2 Street frontages
– Leased to seafood / chicken operator
– Substantially under rented, fixed rental increases
– Includes extensive fit out and equipment
– Passing income: $126,200 p.a. (approx.) + GST
(Incl. equipment rental)
364 New England Highway RUTHERFORD
– New buildings
– Long leases
– Adjacent to McDonalds and BP Service Station
Completed in August 2007, the property comprises three buildings housing an Oporto drive thru, BWS drive thru and six bay car wash facility. Each building has a modern contemporary design.
Building Areas:
Oporto – 260 sqm approx.
BWS – 587 sqm approx.
Car Wash -1,177 sqm approx.
46 St Pauls Street RANDWICK
– Recognised cafe / restaurant precinct
– Wide street frontage
– Able to be used as one area or divided into two smaller areas
Lots 5&6 are ground floor retail premises having a total area of approximately 81 sqm. This part of the building has recently been refurbished to a very high commercial office standard and includes new floor coverings, wall finishes, air conditioning, ceilng and lighting improvements. The shops have an excellent frontage to St Pauls Street measuring in total of approximately 11,975 metres.
– Lot 5 – 40 sq. metres
– Lot 6 – 41 sq. metres
Total of 81 sq. metres
245-251 Parramatta Road HABERFIELD
– Long 5 yr lease + opts (comm 03/08)
– Landmark corner opposite Bunnings at intersection of Parramatta Road, Wattle Street & Frederick Street
– Large site over 4 titles
– 3.5% annual rent increases
– Tenant pays outgoings as per lease
– Net income: $213,654 p.a. approx. + GST