Description

-Renovated cottage 124m2 approx office space
-Top 100 ASX listed company as long term tenant
-2 years into a 14 year lease + $40,000 per annum excluding GST
-Exceptional office fit-out + exceptional location + ample parking (12 cars approx)
-Further DA approval for 100m2 approx office space returning a further $26,000 per annum approx
-Current tenant looking to occupy DA office spaces when completed
-996m2 approx block + R2 zoning (low density residential)

Offering an exceptional opportunity to secure a long term investment in a prime, high exposure area of Penrith. Within walking distance to Penrith railway station, Penrith CBD, Westfields, schools and parklands. This property offers so much potential with DA approved offices, to further increase rental income and capital improvements. Exclusively by appointment only.