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13/2 Paton Place, Balgowlah, NSW, 2093

2. Property Highlights

Industrial Commercial Kitchen Investment on new 5+5 year lease - Circa 6.1% Net

* Internal area: 121sqm

* Commercial kitchen which has been DA Approved for use

* 1 car space on title

* Cool room, exhaust, kitchen area and prep areas

* Wash and drainage points throughout warehouse

* All weather covered loading and unloading area

* Large windows offering natural light into the building

* Personnel access door

* 3 phase power and gas

* Separate shared bathroom amenities

* Longstanding business on secure lease in food industry

* Outgoings: $4,719 per annum approx. (Paid by tenant)

Tenancy Details

* Lease start - December 2022

* Rent – $38,000 + GST Net per annum (Could be $39,900 + GST Net if CPI is 5% in December Qtr 2023 after review increase)

* Term – 5 + 5

* Reviews – CPI annually

* Bond – 3 months

* Use – Commercial Kitchen

Located in the Northwest corner of the first level of this industrial estate in the heart of Balgowlah. Enjoy the convenience of all services at your doorstep, with easy access to public transport and the New B-Line Bus route making it very convenient for your staff. It is minutes from buses to Manly Wharf and the city, it is 1.3km from Stockland Balgowlah, 2.7km from Warringah Mall and 2.7km from Manly's eateries, city ferry terminal and beaches and 14.2km from Sydney CBD.

For more information please contact Vincent West on 0403 444 000 or Oliver Rosati on 0428 877 888.

**All rentals are per annum and quoted areas are approximations**

Remember to mention you found this property on CommercialReady

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3. Property Location

13/2 Paton Place, Balgowlah, NSW, 2093

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4. Due Diligence

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13/2 Paton Place, Balgowlah, NSW, 2093 Balgowlah
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