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Calling all Investors and Owner Occupiers

2/3 Dympna Street, CROMER NSW, 2099

Sold

Property Sold in 2/3 Dympna Street, CROMER NSW, 2099

Upstate

Suite 15, Level 1, 888 Pittwater Road, , Dee Why, NSW 2099

Listing ID:
11381328
Status:
Sold
Price:
SOLD CONTACT AGENT
Last Updated:
03/06/2020
Icon building

Property Type

Industrial/Warehouse
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Land Area

N/A
Icon size

Floor Area

177 SQM
Icon parking

Parking

3

Calling all Investors and Owner Occupiers

Properties like this in small boutique complex's of only 4 units don't come up very often. Take advantage of these low interest rates and secure this outstanding investment, or purchase as an owner occupier and move in and occupy on the 19th July 2021.

The property boosts street access, easy parking, a high clearance, electric roller door and Northerly aspect. Excellent access for containers, easy customer street parking and only 5 minutes to Dee Why, Narrabeen or Frenchs Forest. The property offers a great work/life balance with easy access to beaches/leisure activities and excellent transport links close by with services to Manly Wharf and Sydney CBD.

• Total area 177sqm
• 3 parking spaces
• 3 Phase Power
• Internal Kitchenette
• Shared M&F Bathroom
• Boutique complex of 4 units
• Carpeted and Air conditioned Mezzanine office
• Clear span warehouse (H 6.5. D 15 x W 10.5 metres)
• Electric Roller Door (5 Metres x 4.25 Wide)
• Per Annum Outgoings $7,959 (approx)

LEASE DETAILS
4.7% Net Return
Lease Commencement: 19 July 2018
Lease Expiry: 18 July 2020
PA Rent: $43,764 Gross | $35,805 Net (inc GST)
Reviews: 3% and Market review at Option Period
Lease Term: Two Years
Option Term: One Year

This small complex is situated on the corner of Dympna Street and Boola Avenue Cromer. In the heart of Cromer's industrial precinct and approximately 2km to Pittwater Road, the main carriage way for the for the Northern Beaches. Minutes away from Warringah Road and only 2.8km's to Dee Why, 3.1km to Warringah Mall and 21.7km to Sydney Central. Cromer enjoys public facilities such as Pittwater House, Cromer, Collaroy Beach and much more.

Call Paul Cunningham on 0413 161 661 today for your inspection.

**All prices are per annum and quoted areas/measurements are approximations only**

For more details, please email agent

Upstate

Suite 15, Level 1, 888 Pittwater Road, , Dee Why, NSW 2099


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