Office Sale - Commercial Real Estate ID 83272

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334-336 Illawarra Road

Prop ID: 83272

SALE

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Government Leased Investment!

334-336 Illawarra Road

Building Area:

962.60 m²

Occupancy:

leased investment

Zoning:

Mixed Uses

Parking Spaces:

26 Secure basement level car parking spaces

Sale Price:

3,500,000

Outgoings Paid By:

tenant

Est. Outgoings (pa):

$31,013.00

Actual Return:

Tenant Name:

Commonwealth of Australia

Lease Ends:

20 February 2008

Lease Term:

3 yrs

Options:

2 year

Rent Review:

Rent to be reviewed annually by 3.5% on the 21st February 2006 and 21st February 2007.

The property is located on the western side of Illawarra Road, just to the south of the intersection of Illawarra and Marrickville Roads, Marrickville. By vehicle the property is less than 15 minutes from the Sydney CBD and approximately 10 minutes from both Sydney International Airport and Port Botany. A key Feature of the property is that it is just 200 metres from Marrickville Railway Station.

Centrally located with easy access to Canterbury Road, Victoria Road and the Princess Highway. It is also close to the Marrickville strip retail shops and the Marrickville Metro Shopping Centre.

A modern freestanding building offering two levels of office space along with a level of basement car parking and providing excellent exposure to Illawarra Road.

Agent Details

Billicorp

Suite 1, Level 265 Doody Avenue

Tel: 0296694402

Fax: 0296694403

Contact:

Kristen Marsh

Mobile: 0413 779 947

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To:

Billicorp, Alexandria

Subject:

Property for sale - ID 83272

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