An outstanding investment opportunity - this incredible office space consists of two suites currently amalgamated into one and tenanted by a high-demand government employment agency with excellent rental return. Open to the north and flooded with natural light, this superb offering features a selection of closed and open cubicles plus a kitchenette with direct lift access and a security car space on title. Tenanted for another year with the option for an additional three-year contract, it boasts a highly desirable location with excellent exposure and shops, cafés and public transport at the doorstep. Explore the potential with scope for numerous business, commercial or creative endeavours, a stroll to Pacific Square, specialty stores and a variety of dining options, while enjoying easy access to beaches and the CBD.
Currently comprises two office suites amalgamated into one
Outstanding investment opportunity with high rental return
Prized north facing aspect allows abundant natural light
Tenant is long term government employment agency
Currently tenanted for another year with a three-year option
Presents selection of closed and open cubicles plus kitchen
Situated on level four with additional bathrooms and kitchens
Lift access with car space, shops and cafés at doorstep
Desirable corner position in the heart of Maroubra Junction
Excellent location and exposure, steps to public transport
2 hours free on-site parking for clients via Boyce Road
Ideal investment, gross rental income $96,709.51 (including GST)
Net income $70,377.51 per annum
Lease term - 3 years (1/7/2022- 30/6/2025)
Option - 3 years (from 1/7/2025)
Rental Market Review - 1/7/2025
