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52-54 Chandos St 3,616 SF Office Condo Unit Offered at $2,844,440 in St Leonards, NSW 2065



Investment Highlights
- Prime location near St Leonards Station, Crows Nest Metro, and Royal North Shore Hospital
- Premium fitout with soaring ceilings and abundant natural light
Property Facts
| Total Building Size | 21,700 SF | Floors | 6 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,617 SF |
| Property Subtype | Apartment | Year Built | 2025 |
| Building Class | B | Lot Size | 0.16 AC |
| Total Building Size | 21,700 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 3,617 SF |
| Year Built | 2025 |
| Lot Size | 0.16 AC |
Amenities
Site Amenities
- On-Site Retail
1 Unit Available
| Unit Size | 3,616 SF | Sale Type | Investment |
| Price | $2,844,440 | Cap Rate | 6.70% |
| Price Per SF | $786.63 | NOI | $190,577.48 |
| Condo Use | Office | No. Parking Spaces | 3 |
| Unit Size | 3,616 SF |
| Price | $2,844,440 |
| Price Per SF | $786.63 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| NOI | $190,577.48 |
| No. Parking Spaces | 3 |
Description
Internally, the space spans 336 sqm and features a premium fitout, soaring ceilings, and three sides of natural light. A standout feature is the expansive 120 sqm north-facing terrace, ideal for staff breakout or client entertaining. Additional benefits include three secure basement car spaces (two leased, one vacant).
Sale Notes
Ground Floor, 54 Chandos Street represents a rare opportunity to secure a premium, high-yielding commercial investment in the heart of St Leonards. Situated within a brand-new mixed-use development, this property combines exceptional build quality with strong income security, making it an ideal addition to any investment portfolio.
The asset is leased to VOIP Pty Ltd, a long-established cyber security company, on a 7-year term with fixed 4% annual increases. The lease is further secured by a director’s personal guarantee and a 6-month bank guarantee, providing investors with confidence and stability. The property generates a net income of approximately $267,971.25 + GST per annum, equating to an attractive net return of around 6.70%.
Located just minutes from St Leonards Train Station, the upcoming Crows Nest Metro, and Royal North Shore Hospital, this property offers exceptional connectivity and long-term growth potential in one of Sydney’s most dynamic commercial hubs.
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52-54 Chandos St
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