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Investment Highlights
- Detached granite office building with rear extension.
- Offers in the region of £1,890,000 exc VAT, reflecting a NIY of 10.00%.
- Passing rental of £200,640 per annum equating to a rental rate of £20.00 per sq. ft.
Executive Summary
Detached granite office building with rear extension for sale. Offers in the region of £1,890,000 exc VAT, reflecting a NIY of 10.00%
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
10,032 SF
Building Class
B
Year Built
1886
Price
$2,536,742
Price Per SF
$252.87
Cap Rate
10%
NOI
$253,674
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,344 SF
Slab To Slab
11’
Building FAR
2.73
Lot Size
0.08 AC
Parking
39 Spaces (0.79 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Kitchen
- Open-Plan
- Shower Facilities
- Raised Floor System
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27 Albyn Pl
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