5&6/470 Sydney Road, Balgowlah, NSW 2093

Offices

For Sale $850,000

  • Property ID: 447790
  • Floor Area: 139m²
  • Occupancy: Vacant
Premium Office Suite Investment

Perfectly positioned and beautifully presented. This property is situated on the top floor, north-facing, in one of Sydney's best lifestyle suburbs on the Northern Beaches.

The two properties are combined into one suite and are currently leased to the current tenant "State Of Escape," who has been in occupation since 2017. Previously the suite was set up as "Workspace Balgowlah" and operated as a shared space business. Should the current tenant move on at the end of their lease, it provides any new owner with the opportunity to revert to this model and significantly increase the current income. Each office is lockable, accommodating 5 to 6 separate tenants, making it ideal for many small businesses.

The property is well appointed and priced to sell, with excellent current and future returns to a wise investor.

* Area 139 sqm
* 2 Car spaces
* 2 Combined brightly lit contemporary office suites
* Signage rights to the front of the building 11x1.1 meters long
* New timber laminate flooring throughout
* Modern fit-out
* 7 Executive office suites, any of which can be boardroom/storage areas
* 3 Office suites have their own kitchenette
* Impressive staff kitchen with built-in dishwasher
* Reception/waiting area
* Air-conditioned
* LED lighting
* ADSL2 internet
* Net Rent: $60,066 + GST per annum
* On-site parking and in surrounding areas
* Can be converted into lockable shared working spaces
* Internal and separate male and female amenities
* 10 meters (approx.) to bus services
* Excellent opportunity to secure a premium office suite investment

Centrally located in a peaceful, serene area, this top floor Executive suite offers easy access to Spit Road, Sydney Road, and Condamine Street and is within proximity to all major services in Balgowlah and Seaforth. This ideal location provides easy access to the City CBD and is only a short walk to public transport. Experience the unique location benefits as the commercial suites sit conveniently between Balgowlah and Seaforth Shops, providing a wealth of choice with specialty retail outlets, cafes, restaurants, post offices, supermarkets, and transport services all within reach.

Don't miss this excellent opportunity to elevate your business in the heart of the Northern Beaches.

Call Paul Cunningham on 0413 161 661 or Saxon Stonehouse 0408 033 330 today for your inspection.

Balgowlah Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $9211 $278 3.02%
Industrial --- $281 ---
Offices $5899 --- ---
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 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.
Floorplans

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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