Building type: Office
Building area: 630m2
Land area: 379m2
Asking price: $6.4 million
Purchase price: $6.2 million
Net passing yield: Vacant Possession
$/m2 building area: $9,838/m2
$/m2 land area: $16,358/m2
Freestanding 2 level office building
Rear lane access
12 secure car spaces
Available for immediate occupation by owner occupier purchaser
Located within 400m from St Leonards train station
WALE: Vacant Possession (VP)
Net income, pa; VP
Net income, $/m2; VP
Tenancies: Owner Occupier
How Did Prosper Group Assist Their Client?
Prosper Group conducted an extensive search of the St Leonards/Crows Nest commercial markets for their owner occupier client, and assisted them in purchasing an off market boutique freestanding office building that suited their business requirements and provided them with immediate access for occupation.
Through Prosper Group’s industry contacts they identified this off market opportunity for their client, and enabled their client to act quickly and confidently to agree on price and terms and secure the property ahead of other buyers.
Prosper Group’s extensive knowledge and experience of the St Leonards/Crows Nest commercial markets gave their client the confidence that they were purchasing the best available building for their business needs.