20/7 Narabang WayBelrose NSW 2085
Property Details for 20/7 Narabang Way, Belrose
Last Listing description (November 2023)
Estate Business Park boarders the Garigal National Park in Belrose's Austlink business district, centrally located with direct access via Mona Vale Road & Forestway to the Northern Beaches & North Sydney commercial centres.
Comprising two separate adjoining strata allotments, this superb investment offers the astute investor to secure a premium asset with an excellent corporate tenant in place.
Key Features Include;
- Five (5) car spaces
- 5 private offices + boardroom
- Spacious setting with reception area
- Exclusive outdoor courtyard / breakout area
- Premium tenant in place
- 6-6.5% nett rental yield
- Current Rent = $75,000 pa gross plus GST
- Current Outgoings = $9,740 pa (approx.)
- Lease Expiry 30/04/2025 with a further 2 year option
- Air conditioned throughout
- Neatly positioned at the entry to the estate
- Internal full kitchen
- Sought after location
A bread and butter investment and great addition to the investment portfolio.
For more information, contact Sam Donato on 0420 986 213.
Property History for 20/7 Narabang Way, Belrose, NSW 2085
- 11 Apr 2024Sold for $925,000
- 23 Oct 2023Listed for Sale Contact Agent
- 01 Mar 2023Listed for Rent - Price not available
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About Belrose 2085
The size of Belrose is approximately 14 square kilometres. It has 21 parks covering nearly 24.9% of total area. The population of Belrose in 2011 was 8,287 people. By 2016 the population was 8,800 showing a population growth of 6.2% in the area during that time. The predominant age group in Belrose is 40-49 years. Households in Belrose are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Belrose work in a professional occupation. In 2011, 87.6% of the homes in Belrose were owner-occupied compared with 84.2% in 2016.
Belrose has 4,122 properties. Over the last 5 years, Houses in Belrose have seen a 53.39% increase in median value, while Units have seen a 10.63% increase. As at 31 October 2024:
- The median value for Houses in Belrose is $2,347,250 while the median value for Units is $831,176.
- Houses have a median rent of $1,400 while Units have a median rent of $550.
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