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50 Broughton Road
Artarmon NSW 2064
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Sold on 10 Jun 2020

50 Broughton Road Artarmon NSW 2064

  • Factory, Warehouse & Industrial
  • 2,102 m²
  • Sold

TROPHY NORTH SHORE INDUSTRIAL INVESTMENT

  • Tightly held Artarmon precinct
  • Net income $646,890.57 pa
  • Strong rental growth

CBRE in conjunction with Raine & Horne Commercial are pleased to offer 50 Broughton Road, Artarmon, NSW for sale via an Expressions of Interest Campaign.

Situated in Artarmon the asset represents a unique opportunity to acquire a premium fully leased office/ warehouse asset of substantial scale.

Key Features
+ Secure net income of $646,890.57 pa (as at 1 November 2019
+ Strong 4% annual reviews
+ Committed long term tenant has been in occupation for 14 yrs
+ 47 basement car spaces
+ 0.7KM to Artarmon train station
+ 8.6Km to the Sydney CBD

Due to its proximity to the CBD, high-quality improvements and exposure to The Gore Hill Freeway, this asset has a blue-chip leasing history with Boehringer Ingelheim, Stryker and now VOIP having occupied the property over the last 25 years.

With a secure income stream and a passing net rental of $646,890.57 + GST (as at 1 November 2019), this opportunity allows for purchasers to acquire a defensive investment that will benefit from the continued strong rental growth for well located, North Shore Industrial properties.

For sale via Expressions of Interest campaign closing Thursday 5th December 2019 at 4.00pm

CBRE North Sydney
CBRE North Sydney
Level 29, 177 Pacific Highway
North Sydney, NSW 2060

Property Highlights

Date Sold10 Jun 2020
Floor Area2,102 m²
Land Area1,634 m²
EnergyAsk Agent
Parking47 x Onsite parkings
Property ID2015903475
Category
Last updated  13 Aug 2020
Map for 50 Broughton Road Artarmon NSW 2064

Nearest transport* to 50 Broughton Road Artarmon NSW 2064

Bus
Train
Tram
Ferry
Pacific Hwy Opp Burley St288 m
Pacific Hwy Opp Eric Rd310 m
Pacific Hwy At Burley St323 m
Pacific Hwy Opp Allison Av324 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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CBRE North Sydney
CBRE North Sydney
Level 29, 177 Pacific Highway
North Sydney, NSW 2060

Property Highlights

Date Sold10 Jun 2020
Floor Area2,102 m²
Land Area1,634 m²
EnergyAsk Agent
Parking47 x Onsite parkings
Property ID2015903475
Category
Last updated  13 Aug 2020

Listed by

Geoff Hunt
Geoff Hunt
CBRE North Sydney
Call
0439 963 623

More about 50 Broughton Road Artarmon NSW 2064

50 Broughton Road Artarmon NSW 2064 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 2,102 m² and a land area of 1,634 m². There are 47 x onsite parkings.The listing ID for this property is 2015903475.

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