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.