12 Narabang Way 93,269 SF 100% Leased Flex Building BELROSE, NSW 2085 $21,492,001 ($230.43/SF)

12 Narabang Way, Belrose is offered for sale via Expressions of Interest as a freehold commercial investment property located within the Austlink Business Park on Sydney’s Northern Beaches. The property comprises a freestanding office, medical, and warehouse building with a total gross lettable area of approximately 8,665 sqm, situated on a site of approximately 9,220 sqm.
Constructed in 2014, the building is arranged across four levels, incorporating three office levels and a lower warehouse/production level. The warehouse component is air-conditioned and provides dedicated truck access, supporting operational and logistics requirements. The office floors offer large floor plates with natural light and district outlooks.
The property is partially leased to two established medical technology occupiers, Zimmer Biomet and Mölnlycke Healthcare, and provides income with the ability to reposition and lease remaining accommodation, subject to market conditions. The site includes approximately 173 on-site car spaces, equating to a parking ratio of approximately 1 space per 50 m², and benefits from direct driveway access to multiple levels. Estimated fully leased net income of $3,419,274.41 p.a.
The property is zoned SP4 – Enterprise under the Northern Beaches Local Environmental Plan and is positioned at a gateway location with access to Forest Way, Mona Vale Road, and Warringah Road, supporting connectivity to the Northern Beaches, Upper North Shore, and Sydney CBD.