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1/1 Box Road
Caringbah, NSW 2229
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Overview
RARE OPPORTUNITY IN TAREN POINT FOR INVESTORS
This exceptional commercial suite offers a spacious 266 square meters of ground floor space, presenting a rare opportunity for health care professionals and investors alike. Situated in the heart of the shire's health and fitness hub, this property is DA approved for health consulting rooms, ensuring compliance with local development standards.
The suite features a newly completed, purpose-built fit out that has been certified to meet the highest standards, providing a ready-to-use environment tailored for health services. This modern and functional space is ideal for medical practitioners seeking a professional setting to operate their consulting rooms.
Currently tenanted by a reputable developer and builder who utilizes the space for design and administrative functions, the property generates a net passing rent of $130,478. This income is set to increase to market rates should the tenant exercise their option, offering potential for enhanced returns.
As a tenanted investment, the property holds significant upside potential, particularly if leased to a tenant within the health care sector, maximizing the value of the DA approval and fit out. The total area includes 266 square meters of building space plus an additional 58 square meters allocated for four undercover car spaces, providing convenient parking for staff and clients.
- DA approved for health services
- Certified purpose-built fit out
- Tenanted investment with potential for rental growth
- Total area of 324 square meters, comprising 266 square meters of building and 58 square meters of car spaces
- Four undercover parking spaces included
This property represents a unique chance to secure a high-quality commercial suite in a thriving location, suitable for health professionals or investors seeking a stable and potentially growing income stream. The combination of location, approvals, and fit out makes this an outstanding offering in the commercial market.
Location
Caringbah NSW 2229
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 266 sqm |
Market Insights for Caringbah NSW 2229
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