Level 2/254-256/117 Old Pittwater Road
Brookvale, NSW 2100

This premium office space located in the Lifestyle Working complex at Brookvale offers a unique commercial opportunity on the Northern Beaches. The property is currently leased to a well-established tenant on long-term leases, providing a stable investment with a lease expiry date of 30 June 2028.

The tenant has been in occupation since 2009, initially operating as Independence Studios and now known as Isalbi, which was acquired by Marlin Brands in 2017. The lease includes a net rent of $221,190 per annum plus GST, with outgoings of $37,614 per annum plus GST paid by the tenant, resulting in a gross rent of $256,704 per annum.

The net lettable area of the office space is approximately 316.3 square meters, complemented by 10 dedicated car parking spaces. This commercial property is part of a strata building that stands out for its sustainability credentials, being the first in Australia to achieve a 5 ½ Star Energy and 6 Star Water NABERS rating certification.

The design of the Lifestyle Working complex incorporates sustainable principles and integrates the natural environment with the lifestyle of the Northern Beaches. The building layout enhances natural light and airflow, creating a vibrant and healthy working environment. The complex offers a variety of meeting spaces, both occasional and formal, to foster activity and collaboration.

Additional amenities include a heated lap pool for use before, during, or after work, high-tech meeting rooms equipped for presentations accommodating groups from 4 to 20 people, and ample visitor parking to facilitate client meetings. Common breakout areas provide comfortable spaces for lunch or informal meetings, and outdoor working spaces are available for those seeking a change of environment.

Internet connectivity is state-of-the-art, with WIFI access available throughout the central common areas at no extra cost, and each tenancy having its own IP address for secure and reliable internet service.

This property represents a rare opportunity to acquire a high-quality commercial office space with excellent tenant security, sustainable design features, and a range of lifestyle-enhancing amenities in a prime Northern Beaches location.