Situated in one of Crows Nest's tightly held strata buildings under A B4 Mixed Use Zoning, Suite 201 offers a superb investment opportunity with a brand new 3 + 3 year lease in place coupled with an immaculate raw and modern presentation throughout. The suite has just been fully renovated and refurbished with the existing tenant being is first occupant in its current form. This industrial style office space is equipped with contemporary style furniture and features an exceptionally creative exposed ceiling, raw and edgy finishes as well as the bursting natural light.
KEY INVESTMENT FEATURES INCLUDE:
- TENANT: Data Transformed Consulting Services
- TERM: 3+3 year lease
- COMMENCEMENT: 01/04/2017
- SECURITY: 3 months gross rent ($25,217.50)
- INCOME: $91,700.00 p.a. + GST
- OUTGOINGS: $14,907.98 p.a. + GST (where applicable)
- NET INCOME: $76,792.02 p.a. + GST
- UPSIDE: 4% annual and market review increases with ratchet clause
- ZONING: B4 MIXED USE (see information memorandum)
Located in the heart of Crows Nest, only moments from bustling Willoughby Road, this property benefits from its newly developed surrounding area. In addition to shops, cafes/restaurants and the brand new Woolworths only a short stroll away, 10-12 Clarke Street lies adjacent to the entrance to the newly proposed Crows Nest METRO STATION. Within one of Sydney's up and coming suburbs, in an area not applicable to the OSR car space levy.
To obtain an information memorandum, further property details or arrange inspection via appointment, please contact Nick Moloney.