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Quality Investment Opportunity.

2-6 Chaplin Drive, LANE COVE NSW, 2066

Sold

Property Sold in 2-6 Chaplin Drive, LANE COVE NSW, 2066

Glass Property Consultants

Suite 3, 21/32 Delhi Rd, North Ryde, NSW 2113

Listing ID:
11349471
Status:
Sold
Price:
Sale: $692,000 + Excl. tax
Last Updated:
09/07/2019
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Property Type

Industrial/Warehouse/Offices/Showrooms/Bulky Goods
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Land Area

N/A
Icon size

Floor Area

161 SQM
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Parking

4

Quality Investment Opportunity.

Unit 10, 2-6 Chaplin Drive is a modern high tech office and storage suite in the popular Lane Cove Business Centre. Unit 10 offers 161m2 of first floor office and ground floor storage or showroom space. It is leased to Giesecke & Devrient (G&D) Asia Pacific which is part of a German multi-national organisation formed in 1854. G&D have a lease expiring 31/8/21 at a net income of $38,640 and the tenant pays all outgoings and GST on top of this figure. There are annual 4% increases in the net rent with the next increase to be September 1, 2019.

The ground floor of 66m2 approx includes entry foyer and warehouse area. This area is accessible via a bi-fold glass door allowing for goods to be loaded and unloaded. The tenant currently has racking and a repair bench in this space. The upstairs area of approximately 95m2 is air conditioned, freshly carpeted and freshly painted. There are bathrooms upstairs as well as an impressive kitchen.

There is parking for four vehicles allocated on title being two in the secure basement and two at the front of the suite. There is also the ability to park a fifth car in front of the bi-fold loading door.

This property offers an excellent investment opportunity with a quality tenant and good underlying real estate.

The Lane Cove Business Centre development is located on the corner of Chaplin Drive and Mars Road in the Lane Cove Business Park. The park enjoys excellent access to Epping Road and is within 5 minutes drive to North Ryde or the M2 Motorway and the greater west.

For more details, please email agent

Glass Property Consultants

Suite 3, 21/32 Delhi Rd, North Ryde, NSW 2113


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