OVERVIEW

Cushman & Wakefield as the exclusive sales agent is pleased to present 28 Rodborough Road, Frenchs Forest to the market. A four-storied commercial building located in the heart of Sydney’s Northern Beaches fastest growing commercial precinct. This offering presents potential purchasers with a unique value-add opportunity, or alternatively to invest or occupy.

28 Rodborough Road, Frenchs Forest benefits from the following key characteristics:

•  A four leveled commercial office building, Strata titled (in one line)
•  The asset provides a building area of 4,595sqm on regular shaped 6,854sqm land holding
• Current tenancy mix heavily weighted towards education centric occupiers
• The accommodation features large open plan floors, an outdoor entertaining area, and an abundance of natural light throughout.
• Passing net income of $701,107 pa with an estimated fully leased net market income of $1,506,826 pa.   
•  Frenchs Forest is located less than 20 minutes from Sydney’s CBD and acts as the commercial gateway to the Northern Beaches.
•  This location is set for a sustained period of growth over the coming years driven by an abundance of recently completed road infrastructure, upgrades to the Northern Beaches Hospital and the NSW Government backed Town Centre Development that will add close to 4,000 new dwellings to the suburb over the next 10 years.
• Opportunity to occupy, invest or add-value through refurbishment and leasing up of vacant space to reposition.

28 Rodborough Road, Frenchs Forest will be sold via Expression of Interest closing on Thursday 27 June 2024 at 4:00pm AEST.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.