Property Details
Building type: Office, strata
Building area: 460m2
Land area: N.A
Purchase Details
Purchase price: $1.52 million
Net passing yield: N.A
$/m2 building area: $3,305/m2
$/m2 land area: N.A
Property Features
Located close to Westfield shopping centre and Parramatta train station
Council car park across the road
Full length north facing balcony
Full floor strata suite
Provided vacant area for purchaser to occupy for their business premises
Tenancy Details
WALE: N.A
Net passing income: N.A
Net fully leased income, N.A
Net income, $/m2: N.A
Tenancies: Vacant possession (V.P)
How Did Prosper Group Assist Their Client?
Prosper Group’s client had outgrown their existing business premises and they required a larger premises within the same area. Due to their size requirement, preferred locations and budget they were limited to strata office suites in a market with very little strata office stock.
In a very competitive market Prosper Group conducted an extensive search of the clients preferred areas and they identified this off market opportunity which offered vacant space for their new business premises.