13/2 Paton Place, Balgowlah, NSW 2093

Industrial | Industrial

Sold

  • Property ID: 432954
  • Floor Area: 121m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 22/11/2023 121m2 N/A Contact Agent
Industrial Commercial Kitchen Investment on new 5+5 year lease - Circa 6.1% Net

* Internal area: 121sqm
* Commercial kitchen which has been DA Approved for use
* 1 car space on title
* Cool room, exhaust, kitchen area and prep areas
* Wash and drainage points throughout warehouse
* All weather covered loading and unloading area
* Large windows offering natural light into the building
* Personnel access door
* 3 phase power and gas
* Separate shared bathroom amenities
* Longstanding business on secure lease in food industry
* Outgoings: $4,719 per annum approx. (Paid by tenant)

Tenancy Details
* Lease start - December 2022
* Rent – $38,000 + GST Net per annum (Could be $39,900 + GST Net if CPI is 5% in December Qtr 2023 after review increase)
* Term – 5 + 5
* Reviews – CPI annually
* Bond – 3 months
* Use – Commercial Kitchen

Located in the Northwest corner of the first level of this industrial estate in the heart of Balgowlah. Enjoy the convenience of all services at your doorstep, with easy access to public transport and the New B-Line Bus route making it very convenient for your staff. It is minutes from buses to Manly Wharf and the city, it is 1.3km from Stockland Balgowlah, 2.7km from Warringah Mall and 2.7km from Manly's eateries, city ferry terminal and beaches and 14.2km from Sydney CBD.

For more information please contact Vincent West on 0403 444 000 or Oliver Rosati on 0428 877 888.

**All rentals are per annum and quoted areas are approximations**

Balgowlah Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $9211 $281 3.05%
Offices --- $219 ---
Industrial --- $281 ---
This is the average advertised price, rent and yield for Balgowlah, NSW 2093*

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

Days on Market data for Industrial 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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