Discover the epitome of prime industrial real estate at 14 Chard Road, Brookvale – where unparalleled potential meets strategic location. This 2-storey, freehold titled industrial investment stands as a testament to meticulous maintenance and strategic reconfiguration opportunities. With a modern design, this versatile asset boasts a ground level mechanics workshop featuring impressive 2.9 metre* and 5 metre* ceiling heights, complemented by a mezzanine office/storage area above.
The property, currently under the esteemed banner of Tyrepower, showcases their commitment to quality, evident through the recent refurbishments.
Key Features:
- Modern Freehold Industrial Investment: A contemporary structure designed for optimal functionality, blending a ground floor mechanic workshop seamlessly with a mezzanine office and storage area.
- Prime Location: Nestled in the heart of Brookvale, 14 Chard Road offers strategic proximity to major arterial roads, including Pittwater Road, ensuring seamless connectivity to Sydney's bustling business districts.
- Renowned Tenant: Tyrepower, a local legend, occupies the space. With a stellar 5-star Google rating, they embody credibility and trustworthiness.
- Financial Prospects: Currently generating an impressive Net Rental Income of $151,689.05 p.a.* + GST, this property ensures a steady and favorable cash flow. The lease operates under a triple net lease structure, where tenants shoulder 100% of statutory outgoings, providing you with hassle-free ownership.
- Flexibility & Potential: With a sizable 1,000 sqm* site area and 889 sqm* of total building space, this property opens doors to diverse opportunities. Capitalize on the flexible E4 zoning (STCA), enabling you to reimagine the space according to your vision.
- Strategic Value-Add: Uncover the hidden potential within this property. Explore the avenues for repositioning or enhancing the existing setup, creating additional value and maximizing your investment.
Secure your stake in the thriving industrial landscape of Brookvale. 14 Chard Road beckons astute investors, promising a rewarding venture in one of Sydney's most coveted locations.
Don't miss your chance to invest in the booming Sydney industrial sector, characterized by record low vacancy rates, rising rental demand, and limited supply.
Contact our exclusive selling agents today to explore this exceptional investment opportunity.
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 4,424 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:
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