226 &227, 117 Old Pittwater Road, Brookvale, NSW 2100

Investment | Offices

Sold $1,237,000

  • Property ID: 313438
  • Floor Area: 148.3m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 148.3m2 N/A N/A
Invest in Lifestyle Working.

Light filled East facing adjoining suites on the second floor in Lifestyle Working Brookvale.
Great future leasing options, either lease the suites separately to two tenants or together as one tenant as is currently the case.

Outstanding investment, this one needs to be seen to be appreciated.

Details:

• For Sale $1,237,000 excluding GST
• Net rent $84,401 PA +GST (from 1-12-18)
• Outgoings 100% paid by tenant
• Net yield 6.82%
• Lease end 30-11-2020 Plus 2 X 3-year options
• Net lettable area of 71.7 + 76.7 = 148.4 sqm
• 4 Car Spaces in tandem.



What makes this complex different?
Lifestyle Working is not your typical commercial development. This is the only strata building to have a 5.5-star Energy and 6-star Water NABERS rating certification in Australia. With an innovative design concept, it encompasses sustainable principles, the natural environment and the lifestyle of the Northern Beaches.

The varied types of occasional and formal meeting points create activity and vitality within the building. The design and layout enhances the amount of natural light and air flow throughout the complex. But its not just the design and functionality that makes Lifestyle Working different it is all the extras that come included.

There is:
• The heated lap pool – have a swim before work or at lunch time or after work.
• The high-tech meeting rooms fully fitted for presentations – you don’t need to waste space or fitout meeting rooms just choose the one that suits your meeting needs from 4 people to 20 people.
• Common break out areas – you don’t need to go far to find a nice spot to have your lunch or have an informal meeting. If you just want to get out of the office and work outside for a while you will find the space here.
• With the latest WIFI technology internet access is available throughout the central common areas of the building at no extra cost. Additionally, each tenancy has the internet connected with its own IP address.

Please contact Robert or Leigh to request more information or to arrange an inspection:

Additional Information
Features
  • Zoning: IN1
Brookvale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $9059 $402 4.44%
Industrial $7297 $306 4.19%
Offices $7652 $459 6.00%
This is the average advertised price, rent and yield for Brookvale, NSW 2100*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 226 &227, 117 Old Pittwater Road, Brookvale, NSW 2100. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 226 &227, 117 Old Pittwater Road, Brookvale, NSW 2100. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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