36/14 Narabang Way, Belrose NSW, 2085

Tenant is paying annual rental of $23,781.60

– Weekly $456.09
– PCM $1,981.80
– Yearly $23,781.60

(This includes 50% of the outgoings) Annual increase in rental has been 3.5 per annum for the life of the tenancy.
At a sale price of $250,000 that delivers a Gross yield of 9.5% (getting on for double the bank interest rates)
The sale is GST exclusive with a sitting tenant and therefore is sold as a ‘going concern’.

LEASE TILL SEPTEMBER WITH A 2 YEAR OPTION

Expenses for the property are as follows:-( Tenant pays 50% of outgoings included in rent )

– Council rates $970 pa
– Water Rates $ 508 pa
– Strata Fees $3,200pa

This outstanding development is the highest quality office accommodation on the Northern Beaches and offers an ambient corporate environment

Narabang Way is located in the heart of the Austlink Business Park. Austlink is situated on the corner of Mona Vale Road and Forest Way, Belrose which is within a 15 minute radius of all North Shore commercial and industrial centres.

An ultra-modern concrete structure with extensive curtain wall glazing and landscaped surrounds.
Facilities include air conditioning, full kitchenette and hot water system

Internal fixtures and fittings of the highest quality.

– Long term current corporate tenant
– 75 Sqms approx with balcony of 6 Sqms
– Boutique modern office suite located in natural bushland
– Close to Belrose Supa Centre & Bunnings
– Close to public transport
– Carpeted throughout
– 27 Minutes to CBD
– 17 Minutes to Chatswood
– 13 Minutes to Mona Vale
Business within this complex consist of the following
RHAS (valuation)
Columbus Investment Services Ltd
Huon IT Pty Ltd Computer systems Consultants
RTR Hospitality Solutions (Management Solutions)
Cogent Management Pty Ltd (Marketing Services & Consultants)
Zenith Consulting Project Management ( Project Management)

**measurements & times are approximate**