Property ID: 1P0958
2/79-81 Union Road Penrith NSW
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Offices
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Sold
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110 sqm
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Zoning- Mixed Use
Commercial Investment - Returns $38,181 per annum net (ex GST)
PRD Commercial Western Sydney were appointed exclusive marketing agents to offer for sale Suite 2/79-81 Union Road, Penrith.
This was an exciting opportunity to acquire a perfectly positioned commercial investment located right on the cities doorstep.
Modern building with a quality tenant of long standing in the Penrith business community.
Sold: $685,000 (ex GST)
Date: December 2023
Yield: 5.5%
Rate: $6227pm2
Property Features:
- 110m2 Ground floor office suite
- X3 Open Plan Offices
- Reception Area
- Board Room
- Fixed/Built- in office furniture and storage cupboards.
- Kitchenette
- Internal bathroom
- Ducted Air conditioning
- Alarm
- X2 under ground security car spots with lift access
- Communal courtyard with picnic tables
- 400meters approx. to Westfields Penrith and Station
- 3kms to M4 Motorway approx.
- 23kms to Western Sydney International Airport
- Currently Tenanted with a 2 year lease expiring 24th June 2024 with a 3 year option period
- Current tenant paying $38,181 pa Net (ex GST)
For further details or to appraise your commercial property contact:
Robert Tappouras on 0436 430 344 or
Lauren Fitzpatrick on 0455 178 765
Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST. Images and plans are indicative.
This was an exciting opportunity to acquire a perfectly positioned commercial investment located right on the cities doorstep.
Modern building with a quality tenant of long standing in the Penrith business community.
Sold: $685,000 (ex GST)
Date: December 2023
Yield: 5.5%
Rate: $6227pm2
Property Features:
- 110m2 Ground floor office suite
- X3 Open Plan Offices
- Reception Area
- Board Room
- Fixed/Built- in office furniture and storage cupboards.
- Kitchenette
- Internal bathroom
- Ducted Air conditioning
- Alarm
- X2 under ground security car spots with lift access
- Communal courtyard with picnic tables
- 400meters approx. to Westfields Penrith and Station
- 3kms to M4 Motorway approx.
- 23kms to Western Sydney International Airport
- Currently Tenanted with a 2 year lease expiring 24th June 2024 with a 3 year option period
- Current tenant paying $38,181 pa Net (ex GST)
For further details or to appraise your commercial property contact:
Robert Tappouras on 0436 430 344 or
Lauren Fitzpatrick on 0455 178 765
Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST. Images and plans are indicative.
