BROOKVALE

Total Area: 285sqm, Warehouse: 144sqm, Office 141sqm, plus 2 parking spaces. 50/50 Warehouse/Office, occupy the office and enjoy the income from the warehouse or lease out the office & enjoy 2 incomes!

Tenant Details:

Warehouse
Lease Term 15/01/15 to 14/01/19 (4 years)
Gross rent $24,324 + GST per annum

Upstairs Office
Lease Term 01.04.2016 to 31.03.2019 (3 years)
Gross rent $21,500 + GST per annum

Total Gross income $45,824 + GST per annum.

Estimated Annual Outgoings
Strata Levies $3,694.55
Water Rates $80.00
Council Rates $1,080
Total Outgoings $4,854.55

Yield: 6.3%

Property Features:
* 2 parking spaces
* 2 tenants reducing risk
* Office and warehouse are completely self contained
* Occupy the office or lease it out
* Enjoy the income from the warehouse or dual income by leasing out the office
* Bathroom facilities upstairs and down
* Kitchenette upstairs and down
* Flexibility to be used as one tenancy or two
* Air-conditioned, refurbished office with large windows
* On-site caf
* Truck access
* Security Development
* Inspections by appointment
* For Sale $652,000 exclusive of GST

Location:
Situated within the modern “Eastpoint” security development on the corner of Mitchell and Wattle Roads, Brookvale. Brookvale is the Northern Beaches main commercial precinct and is well serviced by trade suppliers, Westfied Warringah Mall, Banks, Australia Post, public transport and main roads providing transport corridors to the rest of Sydney.

**All rentals are per annum and quoted areas/measurements are approximations only**