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198 Condamine St 39,213 SF 100% Leased Industrial Building Balgowlah, NSW 2093 For Sale
Investment Highlights
- Multi-level building configured for showroom, retail, and industrial use
- Rooftop billboard structure generating additional income
- Flexible zoning allowing for a range of commercial uses
- Multi-tenanted setup with established occupancies
- On-site parking for approximately 46 vehicles
- Corner site location for high exposure along Condamine St
Executive Summary
198 Condamine Street, Balgowlah is offered for sale as a fully leased multi-tenanted commercial property providing income from a diverse mix of tenancies. The building accommodates showroom, retail and industrial uses, supporting multiple revenue streams across the site.
The tenancy profile includes a national retailer operating under a long-term lease, alongside other occupiers contributing to the overall income. Additional revenue is derived from a rooftop billboard installation and telecommunications equipment located on the building.
The property is held on a significant land parcel and provides flexibility for future use or reconfiguration, subject to relevant approvals. The offering presents an established income-producing holding with multiple tenancies and supporting infrastructure already in place.
The tenancy profile includes a national retailer operating under a long-term lease, alongside other occupiers contributing to the overall income. Additional revenue is derived from a rooftop billboard installation and telecommunications equipment located on the building.
The property is held on a significant land parcel and provides flexibility for future use or reconfiguration, subject to relevant approvals. The offering presents an established income-producing holding with multiple tenancies and supporting infrastructure already in place.
Property Facts
| Sale Type | Investment | Rentable Building Area | 39,213 SF |
| Property Type | Industrial | No. Stories | 3 |
| Property Subtype | Showroom | Parking Ratio | 0.65/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.63 AC |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 0.63 AC |
| Rentable Building Area | 39,213 SF |
| No. Stories | 3 |
| Parking Ratio | 0.65/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Signage
- Wheelchair Accessible
- Automatic Blinds
- Storage Space
- Recessed Lighting
- Fluorescent Lighting
- Air Conditioning
- Smoke Detector
- Breakroom
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198 Condamine St
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