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Calling all investors! 5.3% net return

48/14 Narabang Way, BELROSE NSW, 2085

Sold

Property Sold in 48/14 Narabang Way, BELROSE NSW, 2085

Upstate

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

Listing ID:
11355686
Status:
Sold
Price:
SOLD CONTACT AGENT
Last Updated:
19/12/2019
Icon building

Property Type

Offices
Icon square

Land Area

0 SQM
Icon size

Floor Area

91 SQM
Icon parking

Parking

2

Calling all investors! 5.3% net return

Beat the banks and inflation! You can earn clear $21,781 per year. This investment is now available for savvy investors. Dubbed one of the best offices in the block. Your tenants enjoy with an open plan layout, an abundance of natural light and extensive scenic views through the large floor to ceiling windows, taking in the lush green tree tops of the ‘Gariggal National Park’ The current tenants have been in occupancy since February 2016 and have just exercised their option for a further 3 years with another 3 year option. Secure this investment today an enjoy the income with annual increase of 3% each year.

Features
* Current Net Rent $21,781
* 3% reviews
* 3 x 3 year lease term
* Total internal area 91sqm
* Air Conditioned
* Lift Access
* 3 Secure car spaces (1 tandem outside, 1 under cover)
* Abundance of Natural Lighting
* Sweeping panoramic views
* Open Plan Office
* Internal Kitchenette
* Welcoming Balcony area
* Shared Male & Female amenities
* Gross rent $27,583
* Net rent $21,781
* Water $38.00
* Council $1,553
* Strata $4,211

Location:
The property is located in the premier building of “Austlink Business Park” on the high side of Narabang Way Belrose. The business Park is well served by public transport, gyms, cafes and childcare centres. Narabang Way is located at the busy intersection of the 2 largest arterial roads connecting the Northern Beaches to the North Shore and the rest of greater Sydney (Mona Vale Road and Forest Way). These roads provide easy access to Mona Vale, Brookvale, Chatswood, North Ryde & Hornsby

**All rentals 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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