SOLD
Sold on 24 Jan 2024 for $600,000

107/117 Old Pittwater Road
Brookvale NSW 2100

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 8100m2
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Property Details for 107/117 Old Pittwater Rd, Brookvale

Building Type
Commercial
Year Built
1995
Land Size
8100m2
Local Government
Northern Beaches
Lot/Plan
59/SP79892

Last Listing description (November 2023)

Fitted out, with the high quality finishes this office would be a great addition to any portfolio. Set in an ideal location within Lifestyle Working, it is not to be missed.

Details:
Price $610,000 Nil GST sold as a going concern

Gross annual Rent of $47,000
Outgoings approx. $9,568.06 per annum plus GST including
Strata Levies
Council Rates
Water Rates
Management Fees
Net rent approx. $37,432 per annum plus GST representing a 6.14% return.
Net lettable area of 69.2m2
2 Secure Basement Car Spaces in tandem.

General
Internal kitchenette, with storage
Security building
Internal Courtyard unit
Individual air-conditioning control

What makes Lifestyle Working different?

Adjacent to Warringah Mall, Lifestyle Working is not your typical commercial development. This is the first strata building to have a 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, with no additional charge for the base service.

Please contact Rob or Leigh to request more information or to arrange an inspection:

Property History for 107/117 Old Pittwater Rd, Brookvale, NSW 2100

A timeline of how this property has performed in the market
Last Sold
$600,000
24 Jan 2024
Listed for Rent
05 Apr 2023
  • 24 Jan 2024
    Sold for $600,000
  • 14 Sep 2023
    Listed for Sale $600,000 nil GST
  • 27 Feb 2023
    Listed for Rent - Price not available
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About Brookvale 2100

The size of Brookvale is approximately 2.2 square kilometres. It has 4 parks covering nearly 9.5% of total area. The population of Brookvale in 2011 was 2,588 people. By 2016 the population was 3,148 showing a population growth of 21.6% in the area during that time. The predominant age group in Brookvale is 30-39 years. Households in Brookvale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brookvale work in a professional occupation. In 2011, 54.8% of the homes in Brookvale were owner-occupied compared with 53.9% in 2016.

Brookvale has 4,422 properties. Over the last 5 years, Houses in Brookvale have seen a 59.25% increase in median value, while Units have seen a 37.45% increase. As at 31 October 2024:

  • The median value for Houses in Brookvale is $2,600,931 while the median value for Units is $1,118,212.
  • Houses have a median rent of $950 while Units have a median rent of $725.
There are currently 12 properties listed for sale, and 19 properties listed for rent in Brookvale on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Brookvale.

Suburb Insights for Brookvale 2100

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.