Shead Property are delighted to announce the investment sale of Suite 12, 33 Ryde Road, Pymble.
Offered with a seven (7) year leaseback from Monarch (sales) Pty Ltd, the company has been trading successfully for over 50 years and is part of the Monarch Investments Group of Companies, which have been in operation since 1955. Monarch is one of Australia's largest and most successful private land developers, responsible for creating some of Eastern Australia's finest residential estates.
A beautifully presented commercial office suite with a contemporary fit-out located within a tranquil commercial complex. Set off Ryde Road, amongst a green bushland setting, the office comprises of ground floor offices, modern kitchen, own bathroom, private balcony as well as a mezzanine level which is exclusive to this office. The property has six (6) undercover car spaces and is equipped with an EV charging station.
With no vacancy period and all outgoings paid by the tenant, this unique offering is a perfect opportunity for any savvy investor to secure a solid, high yielding investment.
Key features:
• Anticipated Net Yield 6.5%
• Seven (7) Year Leaseback
• Net Lease $80,000 pa ex GST
• Fixed 4% pa Rent Increases
• Well Established Tenant
• Contemporary Office Suite – 245sqm
• Six (6) Car Spaces with EV Charging Station
• Tranquil Bushland Setting
• Accessible by Bus and Major Arterials
Expressions of Interest close 4pm Wednesday 27 November 2024
For further information please contact:
Bill Geroulis
0413 100 200 | bill@shead.com.au
Ivor Zhou
0430 248 867 | i.zhou@shead.com.au
Linus Lifson
0435 990 083 | linus.lifson@shead.com.au
Disclaimer: All data is provided for information purposes only and while all care is taken in its presentation, Shead Property does not guarantee or warrant the accuracy, completeness or currency of the information.