Property ID: 1P5870

Level 4/7-11 The Avenue Hurstville NSW

Expressions of Interest
  • 20
  • Offices
  • For Sale
  • 1089 sqm
  • 20
SECURE, HIGH RETURNING, LONG TERM LEASE TO FULL FLOOR TENANT! RARE OFFERING WITHIN AN A GRADE BUILDING!
Gunning Real Estate is pleased to present for sale via Expressions of Interest (EOI) this rare opportunity to secure this fantastic full floor offering within an A Grade building. Investors can buy with confidence, knowing they will inherit a secure, highly reputable tenant on a long-term lease, providing a very strong return.

Given the floor is an amalgamation of ten (10) separate strata tiles (9 office and 1 store), this provides prospective purchasers greater flexibility in the longer term, should they wish to lease or sell smaller suites down the track, which generally achieve much higher rates (particularly for sale).

The building is located next door to Hurstville Westfields and within close proximity to Hurstville Bus & Railway station. The property has three (3) pedestrian street accesses from Park Road, Humphreys Lane and The Avenue. Access to the secure council car park under the building is accessible via The Avenue entrance.

KEY FEATURES
- Area: 1,089sqm (Including 20sqm of balconies)*
- Twenty (20) secure allocated car spaces
- A further 108 council car spaces under the building*
- Secure long term lease to a solid tenant
- Gross passing income: $669,098.00 p.a. + GST Gross*
- Adjacent to Westfield Shopping Centre
- Full time, on site building manager

* Approximately

Please CLICK the 'Virtual Tour' link to view the 3D Virtual Tour, and/or see below:
https://www.3dinsights.com.au/viewer/gunning/7-11-the-avenue-hurstville/level-4/

For Sale via Expressions of Interest closing Thursday 14 July 2022 at 5pm.

For more information or to inspect the property, please contact our Hurstville Office on 02 9698 0222 or:

James McKenny
P: 0423 048 814
E: jamesm@gunningre.com.au

William Gunning
P: 0413 610 194
E: williamg@gunningre.com.au

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