Low risk High yield – How is it possible?

This suite – now for sale – is on the ground floor of Lifestyle Working Brookvale and leased on a long term lease to the NSW Government on a yield of 7.83% from 1 May. Low risk – high yield – easy.

Details
• NSW Government tenant
• Lease Expires 30/04/2016
• 5 year option to renew
• Approx 82.9 sqm if NLA
• 2 car spaces
• Current net rent $39,710.04 plus GST
• Tenant pays 100% of outgoings
• 4.5% fixed annual rent reviews
• 7.5% net initial return increasing to 7.83% on 01/05/2013
• Extensive Fitout completed by tenant in 2011
• For sale at $530,000

What makes this complex different? Why do the tenants love it so much?

Lifestyle Working is not your typical commercial development. This is the only strata building to have a 5.5 star Energy and 6 star Water NABERS rating certification in Australia. With an innovative design concept it encompasses sustainable principles, the natural environment and the lifestyle of the Northern Beaches.

The varied types of occasional and formal meeting points create activity and vitality within the building. The design and layout enhances the amount of natural light and air flow throughout the complex. But its not just the design and functionality that makes Lifestyle Working different it is all the extras that come included.

There is:
• The heated lap pool – have a swim before work or at lunch time or after work.
• The high tech meeting rooms fully fitted for presentations – you don’t need to waste space or fitout meeting rooms just choose the one that suits your meeting needs from 4 people to 20 people.
• Common break out areas – you don’t need to go far to find a nice spot to have your lunch or have an informal meeting. If you just want to get out of the office and work outside for a while you will find the space here.
• With the latest WIFI technology internet access is available throughout the central common areas of the building at no extra cost. Additionally each tenancy has the internet connected with its own IP address.

Please contact Paul or Robert to request more information or to arrange an inspection:

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