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Sold on 10 Dec 2020

92 Chandos Street St Leonards NSW 2065

  • Offices
  • 641 m²
  • Sold

NEWLY REFURBISHED OFFICE BUILDING INVESTMENT WITH DEVELOPMENT UPSIDE (STCA)

  • Net Income: $359,074.74 per annum*
  • 100% leased to award winning tenant
  • Within the St Leonards 2036 Final Plan

CBRE is pleased to present 92 Chandos Street, St Leonards. Situated just metres from Crows Nest Village and a short walk to St Leonards Station and the future Metro, 92 Chandos Street is a fully leased newly refurbished, three-storey commercial freehold building. In an elevated position, 92 Chandos Street enjoys a north facing aspect with district views over Naremburn. On the ground floor, the main entrance is off Chandos Street with the secure car park with parking for 12 cars accessed off Henry Lane. The tenant has recently undergone a significant fitout to the building providing a high end, modern office space. This blue-chip investment is 100% fully leased to long standing, award winning tenant, Strata Choice, on a 3+3 year lease.

92 Chandos Street, St Leonards benefits from the following key attributes:
- Net Income: $359,074.74 per annum* with desirable lease terms
- Building area of 638sqm* with dual street frontages and 12 secure car spaces accessed from the rear lane
- Newly refurbished three storey freehold commercial building with development upside (STCA)
- 100% leased to long standing award winning tenant, Strata Choice, on a 3+3 year lease
- Set to benefit from the rapid growth of the St Leonards and Crows Nest 2036 Final Plan
- Situated metres from Crows Nest Village, St Leonards station and future Crows Nest Metro Station
- Future development upside under the St Leonards & Crows Nest 2036 Final Plan (STCA)
- Benefiting from no car parking levies

*Approximate

Interested parties are invited to submit their expressions of interest for the purchase of 92 Chandos Street, St Leonards by Wednesday, 2 December 2020 at 4pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

Jason Lowry
CBRE Sydney
Jason Lowry
CBRE Sydney
Toby Silk
CBRE Sydney
Toby Silk
CBRE Sydney
Nicholas Heaton
CBRE Sydney
Nicholas Heaton
CBRE Sydney

Property Highlights

Property ID2016626331
Date Sold10 Dec 2020
Floor Area641 m²
Land Area379 m²
Parking12 x Onsite parkings
Building TypeWhole building
Category
Last updated  10 Dec 2020
Map for 92 Chandos Street St Leonards NSW 2065
Map for 92 Chandos Street St Leonards NSW 206592 Chandos Street St Leonards NSW 2065
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Jason Lowry
CBRE Sydney
Jason Lowry
CBRE Sydney
Toby Silk
CBRE Sydney
Toby Silk
CBRE Sydney
Nicholas Heaton
CBRE Sydney
Nicholas Heaton
CBRE Sydney

Property Highlights

Property ID2016626331
Date Sold10 Dec 2020
Floor Area641 m²
Land Area379 m²
Parking12 x Onsite parkings
Building TypeWhole building
Category
Last updated  10 Dec 2020
CBRE Sydney
Level 21 363 George Street Sydney NSW 2000
Jason Lowry
CBRE Sydney
Jason Lowry
CBRE Sydney
Toby Silk
CBRE Sydney
Toby Silk
CBRE Sydney
Nicholas Heaton
CBRE Sydney
Nicholas Heaton
CBRE Sydney

Ask Jason Lowry about this property

Jason Lowry

Jason Lowry

CBRE Sydney

Toby Silk

Toby Silk

CBRE Sydney

Nicholas Heaton

Nicholas Heaton

CBRE Sydney

+61 *** ***
+61 419 277 527

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