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Sold on 25 Jun 2018

209/11 Chandos Street St Leonards NSW 2065

  • Offices
  • 87 m²
  • Sold, $776,000

CONTEMPORARY MODERN OFFICE, IN AN ENVIABLE LOCATION

  • BRAND NEW LEASE
  • 180 METRES TO ST LEONARDS STATION
  • IDEAL FIRST OR SUBSEQUENT INVESTMENT

Suite 209, 11 Chandos Street, St Leonards is a well-designed 87sqm office space which boasts great natural light along with a high-quality fit-out. The suite consists of 3 generous glass partitioned offices, an open plan working area and a beautifully appointed reception / waiting area. Being one of the only buildings in the area with a concierge, this property benefits from high quality presentation throughout as well as taking advantage of its superior location with access to public transport, amenities, arterial roads, and convenience to the Sydney CBD.

- TENANT: Location Property
- TERM: 3 + 3 years
- COMMENCEMENT: 01 June 2018
- SECURITY: 3 month rent by way of cash deposit or bank guarantee
- GROSS INCOME: $46,290 p.a. gross+ GST + Levies
- OUTGOINGS: $6,078.11 + GST where applicable
- NET INCOME: $40,211.89 p.a. net + GST
- UPSIDE: With the net return already very competitive within the commercial market, the 4% increases make the property even more attractive.

The property is located well within the St Leonards CBD, being just a short 2 minute walk to St Leonards train Station & Transport Interchange. Already within close proximity to popular eateries and cafes, the short walk to Willoughby Road, Crows Nest is a significant benefit. Adding substantial desirability to a wide range of businesses should the office ever be vacant.

OPEN FOR INSPECTIONS
Saturdays 10am

For sale via public auction:
10:30am Tuesday 03rd July 2018
Auction Works: Mezzanine Level, 50 Margaret Street, Sydney NSW 2000

To obtain an information memorandum, further property details or arrange inspection via appointment, please contact Nick Moloney.

AUCTION

Auction date and time03/07/2018 10:30
Auction locationAuctionWorks; Mezzanine Level, 50 Margaret Street, Sydney NSW 2000

Property Highlights

Property ID2014421777
Date Sold25 Jun 2018
Sold Price$776,000
Floor AreaAsk Agent
Land Area87 m²
Parking1 x Onsite parking
Building TypePartial building
Category
Last updated  4 Jun 2018
Map for 209/11 Chandos Street St Leonards NSW 2065
Raine & Horne Commercial North Sydney
Ground Floor, 124 Walker Street North Sydney NSW 2060

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