For Sale by Private Treaty Indicative Price: $8.8m Indicative Yield: 6.50%
Strategic 1,539 sqm landholding with strong exposure to Warringah Road Stunning contemporary office & warehouse building of 1,545 sqm Offices constructed to NABERS 4.5-star standard 30 on-site parking spaces (27 secure basement)
New tunnel connecting to Sydney CBD & airport nearby Located just 400m from the brand new Northern Beaches Hospital Huge local transport infrastructure spending: Warringah Road/Wakehurst Parkway widening & crucial new Western Harbour Tunnel & Beaches link
Tenant occupied since built in 2003 and leased to 2021 + options to 2031 Generous 4% fixed annual increases Longstanding $3.9Bn global tenant in occupation for 15 years Citizen Watches – global premium brand with roots going back to 1918 with annual revenues of nearly $3.9 billion, listed in Tokyo and New York
Net Income: $572,072 pa + GST
No open times scheduled. Contact Agent to arrange a viewing.