52-54 Chandos Street St Leonards NSW 2065

The sale of 52-54 Chandos Street, St Leonards represents an exceptional opportunity for investors to purchase a fully leased, recently refurbished freehold commercial investment property with the following key attributes:

• Gross Floor Area of 987sqm + 16 off street car spaces
• Net Income: $289,000 (approx.) at 1/07/2014
• 100% securely leased to exemplary tenants in McGrath Foundation and Commodity Inspection Services (CIS)
• Strong Weighted Average Lease Expiry (WALE) profile of 3.56 years as at 1st July 2014
• Low risk multi-let freehold commercial building with staggered lease expiries
• Recently refurbished modern building with high end finishes, large entertaining deck and light filled office space
• District views to the rear from all levels
• Dual access from Chandos Street and Henry Lane
• Prominently located with excellent exposure and signage rights to Chandos Street
• Future development potential with underutilised floor space ratio and height limits creating opportunity to increase floor space to 1,632sqm (approx.) (STCA).
• Strong growth area with many proposed and approved residential developments in the immediate vicinity
• Exceptional transport links with St Leonards Bus and Rail Interchange within close walking distance.

For further information or to arrange an inspection please contact the Exclusive Agents listed above.