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Suite 202/3-5 Stapleton Avenue
Sutherland NSW 2232
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Sold on 30 May 2024

Suite 202/3-5 Stapleton Avenue Sutherland NSW 2232

  • Offices
  • 328 m²
  • Sold

Affordable Sutherland Shire Investment - Longstanding Government Tenant 13+ Years

    Burgess Rawson is pleased to offer to the market Legal Aid located at Suite 202 (Ground Floor)/3-5 Stapleton Avenue, Sutherland NSW for sale via Private Treaty (Price Guide: $1,850,000 | Circa 6.62% Net Yield).

    This opportunity has the following key investment highlights:

    + Legal Aid: largest legal aid commission statewide employing over 1,300 & providing legal assistance to 423,000 per annum
    + Longstanding Government tenant recently renewing a 5 year lease after 13 years of occupancy
    + Tenant pays outgoings as per lease
    + Fixed 3.5% annual rent increases
    + Government Social Infrastructure: government funded, highly reliable and stable asset class
    + Directly opposite free council car park surrounded by other Government services
    + Immaculately presented premises with five (5) car parks plus central position within the administrative and retail hub of Sutherland
    + High growth area with Sutherland population forecast to grow by 21.69% by 2036
    + Net Income $122,568 pa* + GST

    For Sale via Private Treaty.

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.

    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold30 May 2024
    Floor Area328 m²
    Land Area2,607 m²
    ParkingAsk Agent
    Property ID2018797089
    Category
    Last updated  30 May 2024
    Map for Suite 202/3-5 Stapleton Avenue Sutherland NSW 2232

    Nearest transport* to Suite 202/3-5 Stapleton Avenue Sutherland NSW 2232

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    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold30 May 2024
    Floor Area328 m²
    Land Area2,607 m²
    ParkingAsk Agent
    Property ID2018797089
    Category
    Last updated  30 May 2024

    Co-Agents

    Andrew Havig
    Burgess Rawson Queensland
    Call
    0478 010 990
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759
    John Ingui
    Burgess Rawson Sydney
    Call
    0486 011 406

    More about Suite 202/3-5 Stapleton Avenue Sutherland NSW 2232

    Suite 202/3-5 Stapleton Avenue Sutherland NSW 2232 is categorized as Office. It has a floor area of 328 m². The listing ID for this property is 2018797089.

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