• Asking price of $11.4m – attractive price range for investors reflecting an initial passing net yield of circa 7.5%.
• Well located within 500 metre of both the Macquarie Shopping Centre and the new Macquarie University railway station.
• Excellent parking ratio – 1 car space per 35sqm of NLA.
• Predominantly (84%) leased by one tenant being Australian Radio Network (ARN), a strong covenant.
• Potential future development (STCA).