Rosebery, NSW 2018

Offices

For Sale Contact Agent

  • Property ID: 381875
  • Floor Area: 266m²
  • Occupancy: Vacant
"EOI" GREAT COMMERCIAL PROPERTY INVESTMENT 583 Sq.m. FOR YOUR SMSF

Phone enquiries - please quote property ID 25685.

Are you looking for a great commercial property Investment for your SMSF?

Commercial office suite Total area on Title 583 Sq.m. Lettable space internal floor area of 266m2, fully partitioned with its own kitchen, plus 15m2 lockable garage/storage with mezzanine level, plus one secure parking.
Additional ample FREE parking on the land in front of the building; First-in, First-served all day.

Located in the South-Eastern Sydney, only 3 Km to Mascot Domestic Airport and 5 - 6 Km to Sydney CBD.

A real opportunity to earn almost 7% Gross Yield, or 5% Net (ROI) Per Annum.
The subject suite is on the third floor/top level with a pleasant and sunny South-West facing aspect. Features include high ceilings 3.2m and abundant natural light and good condition.

Close to amenities such as; Public transport, Mascot Trains & Buses, Officeworks, Eastlakes Shopping Centre, childcare, cafes and shops.

Ideal for corporate office, administration, professional, Legal firm, Accountancy, IT/Web developer, Medical Reps, Business & Finance Brokers or Insurance Brokers, Registered Training Organisation (RTO's), Yoga classes, Pilates Classes, Tutoring Classes, Serviced Offices; etc.

Current owner-occupier is willing to extend the current lease-back as per lease agreement. Vacant possession is also available.

EXECUTIVE SUMMARY

LOCATION
This property is located on the northern side of Gardeners Road between
Botany Road and Durdans Avenue. 414 Gardeners Road is a popular
commercial strata building, excellent transport links with the Princes Hwy,
M5, West Connex and Southern Cross Drive.

AREA BREAKDOWN
Internal Office space: 266m²
Unutilised roof space: 288m² on Title – A great advantage to own the Rooftop, it can be utilising to install “Solar Panel” to reduce your own Electricity bill.
Total area: 583m²

OPPORTUNITY
The boutique building is located about 3.5Km from Mascot Airport and 7-8 Km to Sydney CBD,
is less than a 10-minute walk to the Cannery, one of
South Sydney’s most electric retail complexes. Mascot Train Station is a
mere 15-minute walk to Mascot Train Station or a short bus ride.
The space offers the opportunity for an investor or owner occupier
to secure themselves a newly furnished office space within a source
market. The space can be used in a whole part or whilst also offering 1
parking space and a lock-up garage/storage with a mezzanine level.

SURROUNDING DEVELOPMENT
The property is well positioned on Gardeners Road, in the Hub of businesses and commercial area, with easy access to
Botany Road and is opposite a residential area.
Only 1Km away to Officeworks, Alexandria
Rosebery has a mix of residential, commercial and industrial developments but the landscape is being redeveloped as high-density housing, displacing many industrial
businesses and affecting the heritage of the suburb.

SALE TYPE
We are pleased to bring to market via private treaty;
Suite 308/414 Gardeners Road, Rosebery. The sale of the property it could be as an going concern, that it depends on the buyer/s decision, (NO GST or if its applicable.)

ZONING CONTROLS
LOT/STRATA PLAN 20/SP62353
COUNCIL City of Sydney
ZONING B7: Business Park

TENANCY SCHEDULE
OUTGOINGS (PER QUARTER)
Admin Levies: $3,771.05
Sinking Funds: $1,837.50
Water Rates: $39.00
Council Rates: $323.10


NET RENT $310 per Sq.m = 5% (ROI)

The property is approximately:
• 1 minute walk from bus stop located at Gardeners Rd at Dunning Avenue
• 2.7km to Southern Cross Drive
• 7km Sydney CBD
• 5km to Sydney Airport
• 1.9km to Mascot Station
• 750m to the Cannery
• 2.6km to West Connex
• 950m to Officeworks Alexandria
• 1.3km to Eastlakes Shopping Centre
• 7.2km to Eastgardens Westfields

LOCATION
Rosebery has a mix of residential, commercial and industrial
developments. The northern parts of Rosebery and the adjacent
Green Square are part of an area that is currently undergoing
gentrification. This involves an urban renewal project that is
constructing modern retail, business and residential developments.
The property is positioned on the doorstep of Green Square Town
Centre which provides retail, commercial and residential space.
The award-winning East Village Shopping Centre is to the North.
Rosebery is located 4 km’s South of the Sydney CBD and is serviced
by State Transit Authority buses with Green Square Railway Station
within 1.5 km’s.
Rosebery is serviced by a number of bus routes, which are operated
by Sydney Buses that travel down Botany Road, to and from the
CBD, UNSW and South to Botany Bay. The 343 and 357 services
travel down Gardeners Road and the 305 route departs from Qantas
Centre.
There is a large park in the middle of Rosebery called Turruwul
Park, which is bounded by Harcourt Parade and Hayes Road. The
site is within close proximity to the new Gunyama Park Aquatic and
Recreation Centre which is commencing construction this year and
is a part of the Green Square Town Centre Developments. A smaller
park is Crete Reserve, situated at the bottom of Rosebery Avenue.
Other small parks are located at Lever Street, where there is a scout
hall, and the corner of Harris and Coward Streets. There is also a
nice park in Kimberley Grove.
Gardeners Road Primary School is the public school for the area and
is located at the junction of Gardeners Road and Botany Road. St
Therese’s School is a Catholic school next to St Therese’s Church,
Sutherland Street. On Rosebery Avenue is the Sydney International
Film School.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Rosebery Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $6902 $388 5.62%
Industrial --- $273 ---
Retail $6636 $246 3.71%
This is the average advertised price, rent and yield for Rosebery, NSW 2018*

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:

  • 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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