CBRE in conjunction with Raine & Horne Commercial are pleased to offer 50 Broughton Road, Artarmon, NSW for sale via an Expressions of Interest Campaign.
Situated in Artarmon the asset represents a unique opportunity to acquire a premium fully leased office/ warehouse asset of substantial scale.
+ Secure net income of $646,890.57 pa (as at 1 November 2019
+ Strong 4% annual reviews
+ Committed long term tenant has been in occupation for 14 yrs
+ 47 basement car spaces
+ 0.7KM to Artarmon train station
+ 8.6Km to the Sydney CBD
Due to its proximity to the CBD, high-quality improvements and exposure to The Gore Hill Freeway, this asset has a blue-chip leasing history with Boehringer Ingelheim, Stryker and now VOIP having occupied the property over the last 25 years.
With a secure income stream and a passing net rental of $646,890.57 + GST (as at 1 November 2019), this opportunity allows for purchasers to acquire a defensive investment that will benefit from the continued strong rental growth for well located, North Shore Industrial properties.
For sale via Expressions of Interest campaign closing Thursday 5th December 2019 at 4.00pm
For more details, please email agent