1 Smith Street, HYDE PARK QLD 4812
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- 22 Sep 2016
Absolute Exposure - 36,000 Vehicles Pass Daily
1 Smith Street consists of a two level commercial office ideally positioned in the Hermit Park business hub with a 32 metre frontage to Woolcock Street.
Accessed via Smith Street this low maintenance brick construction property presents well and features a total net lettable area of 321 m2 comprising of four individual office suites each of 80m2 approx.
All tenancies feature excellent natural light, , split system air-conditioning, some existing partitioning and kitchenettes, massive signage opportunities and 9 exclusive onsite car parks.
Situated on a 691m2 allotment with more than 32 metres of frontage to Woolcock Street. Additionally there is further income produced for a land leased to a national telecommunications provider for circa $15,000 pa until the mid-2035.
This high profile office building is suited to both entry level owner occupiers and investors and is a perfect opportunity for a flexible commercial investment property.
- NLA: 321 m2; GFA: 400 m2
- Land: 691 m2; Zoned: Centre Frame
- 4 x 80 m2 (approx.) office tenancies
- Potential Return: $76,098.43 pa net (fully leased)
- 32 metre frontage to Woolcock Street
- Long term land lease to NextGen
If you require further information or would like to arrange an inspection, please contact:
Neville Smith 0438 765 087
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
1 Smith Street HYDE PARK