Log In/Sign Up
Your email has been sent.
394 Sydney Rd 4,951 SF Office Building Balgowlah, NSW 2093 For Sale
Investment Highlights
- Prominent 460 sqm site on Sydney Road within a tightly held Northern Beaches precinct near Coles and Bunnings.
- Anchored by a brand-new 10-year net lease to The Smile Office through 2035 plus options.
- Tenants responsible for 100% of outgoings, including Land Tax, minimizing landlord obligations.
- Multi-tenanted healthcare facility with a long WALE of 7.3 years by income.
Executive Summary
Positioned in the heart of Sydney’s Northern Beaches, this healthcare-focused investment presents a rare opportunity to acquire a multi-tenanted, fully leased asset underpinned by long-term dental and specialist tenants. Anchored by The Smile Office, operating under a new 10-year lease through December 2035 with two additional five-year options, the property offers exceptional income security backed by a practitioner with 30+ years on-site presence. Beachside Orthodontics, occupying under an eight-year lease with option to 2034, further enhances reliability, having invested heavily in premium-grade dental and orthodontic fit-outs across both levels.
This freehold boasts a substantial weighted average lease expiry of 7.3 years by income and features highly defensive net leases with tenants assuming responsibility for 100% of outgoings, including Land Tax. Rent escalations are linked to the greater of 4% or CPI annually, ensuring consistent income growth. Occupying a prominent 460 sqm landholding with strong street frontage along Sydney Road, the property benefits from adjacency to Balgowlah Village Shopping Centre, Coles, Bunnings, and extensive local amenities. Situated just four minutes from Manly Beach and 10 km to the Sydney CBD, Balgowlah is a tightly held, affluent market with strong healthcare demand fundamentals. The property’s entrenched tenancy history and strategic positioning make it an attractive addition to any institutional-grade or private wealth portfolio.
This freehold boasts a substantial weighted average lease expiry of 7.3 years by income and features highly defensive net leases with tenants assuming responsibility for 100% of outgoings, including Land Tax. Rent escalations are linked to the greater of 4% or CPI annually, ensuring consistent income growth. Occupying a prominent 460 sqm landholding with strong street frontage along Sydney Road, the property benefits from adjacency to Balgowlah Village Shopping Centre, Coles, Bunnings, and extensive local amenities. Situated just four minutes from Manly Beach and 10 km to the Sydney CBD, Balgowlah is a tightly held, affluent market with strong healthcare demand fundamentals. The property’s entrenched tenancy history and strategic positioning make it an attractive addition to any institutional-grade or private wealth portfolio.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,951 SF
Building Class
C
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,476 SF
Building FAR
1.02
Lot Size
0.11 AC
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
394 Sydney Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.