PropertyFox is pleased to offer Suite 15, 33 Ryde Road, Pymble a 191 sqm* office with six (6) secure car spaces, a leafy outlook, and strong holding income from a tenant of over 15 years.
Positioned in the heart of Pymble's commercial precinct, this property offers seamless access to Ryde Road, Mona Vale Road, and the Pacific Highway. Bus services run directly along Ryde Road at the front of the building, with Pymble and Gordon Train Stations also nearby. Local amenity includes Ikura Japanese restaurant, The Pymble Grind café, North Shore Gym, Bunnings Warehouse, and the Shell Coles Express making this a highly convenient and connected North Shore location.
Suite 15 features a full wall of glass opening onto a north-east facing balcony with views over the creek. Internally, it includes a boardroom, three offices, reception, kitchen, stationery area, and exclusive bathrooms with a shower. Skylights add even more natural light.
Leased to WaterGroup Pty Ltd, a national water efficiency company, on a new 5-year lease with CPI increases and a solid bond. The tenant has been in occupation for over 15 years.
Several neighbours have added mezzanines to increase Net Lettable Area and value offering clear potential upside.
Key Features
191 sqm* strata office + 6 car spaces (incl. EV charging)
North-east facing balcony with full-height glass
Tranquil bushland and creek outlook
Skylights for additional natural light
Existing fitout with boardroom, offices, kitchen & bathrooms (including an exclusive shower in the office)
Lift access and mezzanine potential (STSA)
Strong rent with CPI increases
Ideal for investors or future owner-occupiers
Financial Summary
Tenant: WaterGroup Pty Ltd
Lease Term: 5 years (20 Feb 2025 19 Feb 2030)
Special Conditions: Break clause after 30 June 2027 (6 months' notice from 2026)
Annual Increases: CPI increase annually Most recently 4.9% confirmed Feb 2025
Security Bond: $29,590.25 + GST (3 months' gross rent)
Net Office Rent: $87,600 + GST per annum
Net Parking Income: $14,400 + GST per annum
Net Income: $102,000 + GST per annum
Outgoings: $16,361 + GST (fully recoverable)
Expressions of Interest closes Thursday, 12th June 2025 at 4:00pm.
Please make your offers to the exclusive PropertyFox agent, Lachlan Worthington via email or this link - https://www.cognitoforms.com/PropertyFox1/PurchasingOfferForm
For an Information Memorandum, inspection, or more details, contact Lachlan Worthington at PropertyFox exclusive marketing agent.
