11, 21 & 2/1 Maitland Pl Baulkham Hills NSW 2153

Offices
Sold

Outstanding Tenant - Fantastic Return Investment

Owner says SELL, SELL, SELL!! Is this your property? Want a prime Investment? Well Look no further and Hurry to inspect this property.

This Strata titled office space located in growing Norwest Business Park is currently leased to Pfizer Australia, Australia's leading provider of prescription medicines and animal health products. The current lease term expires on the 13th of October 2015.

The tenant has just completed a significant refurbishment of the premises.

The unit comprises of 1023 square metres in total. This area includes a very functional 100 square metres of warehouse space.

Lease details are:
Pfizer Australia
8 year lease expires 13/10/2015
Lease reviewed annually by fixed percentage of 3%
Security is an unconditional bank guarantee of $120,250
Annual Rent: $255,417 per annum plus outgoings plus GST.
Outgoings: 100% payable by the tenant. Current year budget is $56,520 per annum plus GST.

Initial Yield = 9% net per annum at asking price.

Book your inspection today!!