Unit 1H/5 Ceres Court, Rosedale

Sold December 2023

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108m² Floor Area

PERFECT LITTLE INVESTMENT


5 Ceres Court is a unique development that offers A-grade facilities in a highly sought-after location. This unit comprises approximately 108m² of quality office space on the first floor, with a contemporary open plan layout, a boardroom and meeting room, a kitchenette, and exposure to copious amounts of natural light that streams in through the large windows of this professional corner office.

The unit is currently leased to a longstanding tenant, Yokogawa New Zealand, who is a leading provider of industrial automation test and measurement solutions, a division of Yokogawa Electric Corporation, first established in Japan in 1915. They have recently renewed their lease at a very conservative rental of $30,100 + outgoings and GST per annum, with the current term running through to 2026.

Located just off Apollo Drive, and in close proximity to great cafes and eateries, as well as the countries best fitness facility at the Millennium Institute of Sport, it’s no surprise that this small office development continually has one of the lowest vacancy rates on the North Shore.

This opportunity ticks all the boxes; great underlying property fundamentals, first-class tenant, and future rental upside. Please enquire with the sole agents to discuss in more detail or to arrange a viewing.

KEY FEATURES:
  • Tenanted to a multinational brand
  • Returning $30,100 + outgoings and GST per annum
  • 108m² (approximately) with three car parks
  • Functional modern layout
  • Superb location and amenities nearby
  • Very low historic vacancy rates

Property details

Location:
Unit 1H/5 Ceres Court, Rosedale
Property ID:
4010451

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