Superb Long-Term Investment Property on 3 Separate Titles
For an investor requiring a long-term, multi-tenanted property in a prime growth area, Nichols Crowder has the perfect offering at 4 Wally Place, Lynbrook. The property is being offered via private sale.
Set on land of 4,243sqm*, this near-new investment was constructed by the highly awarded Vaughan Constructions and comprises three separate tenancies with a building area of 1,327sqm*.
The tenancies are a veterinary clinic and surgery; a large child care centre; and a large music retail with cafe. As a bonus, there are more than 50 on-site car spaces. Each tenancy is on its own separate title.
From November 2023, the total annual rent from the property is approx. $535,272.00, plus GST, and the current lease terms have up to seven years, plus options remaining.
“This is a great, purpose-built investment, with strong rental income and solid tenants,” says Renato Daniele, Sales and Leasing Executive. ”
“The property’s also in the middle of a thriving growth area, making it even more appealing for astute investors,” adds Renato Daniele, Sales and Leasing Executive.
For further information or to arrange an inspection, please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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