For Sale by Expressions of Interest closing Thursday 5 June 2025 at 4pm (if not sold prior)
Located in a sought-after city fringe location, 148-150 Lambton Road presents an outstanding opportunity for large businesses seeking a high-profile office space.
Spanning 1,148sqm* of commercial space, the property features multiple meeting and training rooms, 12 private offices, a spacious open-plan work area, amenities, kitchens and lunchrooms on both levels, and an elevator for disability access. Complementing the office space are 14 on-site car spaces and the potential for 300sqm* of warehousing, providing excellent functionality for a range of business operations.
The property is offered with a 12-month leaseback to NovaSkill, generating a strong net income of $390,000 per annum plus GST. This arrangement allows business owners and investors valuable time to finalise relocation plans or secure a long-term tenant, making it a strategic and flexible opportunity for both occupiers and investors.
» Net income of $390,000 per annum plus GST
» Generous ground floor area of 1,148sqm*
» Total site area 1,012sqm*
» 14 car parking spaces
» Lease to NovaSkill
» High exposure to main arterial road
» Convenient rear lane access
*Approximately