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Building 10/Building 10 49 Frenchs Forest Road
Frenchs Forest NSW 2086
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Sold on 12 Sep 2019

Building 10/Building 10 49 Frenchs Forest Road Frenchs Forest NSW 2086

  • Offices
  • 1,545 m²
  • Sold

FREEHOLD OFFICE BUILDING - 100% LEASED

  • 100% Leased to Citizen Australia
  • Building area:1,545sqm* + 29 car spaces
  • Significant Rental Reversion Opportunity

CBRE, as the exclusive sales agent, is pleased to present Building 10, Frenchs Forest Business Park, Frenchs Forest. This modern three storey commercial freehold building was completed in 2003, with a building area of 1,545sqm*. The property is 100% leased to multinational watch manufacturer - Citizen Australia. Building 10, Frenchs Forest Business Park, Frenchs Forest holds a prime location just moments from the new Northern Beaches Hospital which opened to the public at the end of 2018.

Building 10, Frenchs Forest Business Park, Frenchs Forest capitalises on the following key attributes:

- 100% leased to multinational watch manufacturer Citizen Australia. Having operated from the building since its completion in 2003, Citizen Australia is a long-term tenant with international acclaim.
- Building area of 1,545sqm* plus 29 car spaces
- Net income of $572,073 per annum*
- Strategic location set for growth for the next 20 years driven by the new hospital and future Frenchs Forest Town Centre
- Significant rental reversion opportunity

Building 10, Frenchs Forest Business Park, Frenchs Forest will be sold via expressions of interest closing on Wednesday, 28 August 2019 at 4.00pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

Property Highlights

Date Sold12 Sep 2019
Floor Area1,545 m²
Land Area1,539 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2015511985
Category
Last updated  15 Mar 2024
Map for Building 10/Building 10 49 Frenchs Forest Road Frenchs Forest NSW 2086

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Property Highlights

Date Sold12 Sep 2019
Floor Area1,545 m²
Land Area1,539 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2015511985
Category
Last updated  15 Mar 2024

Co-Agents

Aaron Arias
Aaron Arias
CBRE Sydney
Call
+61 403 674 599
Nicholas Heaton
Nicholas Heaton
CBRE Sydney
Call
+61 408 025 97

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