AWARD-WINNING ADDRESS, INCOME-WINNING INVESTMENT.

Sale Details

Sold on 08 May 2026 for $755,000

Description

Set within Cheltenham Quarter — the architect-designed business hub reshaping Bay Road — this 124 sqm* office suite is a high-performing, low-maintenance investment with stunning design pedigree. Securely leased from the 1st October 2025 on a 4-year term, Suite 204 is returning $47,430 per annum with 3% annual increases, supported by a 3-month bond, and offering an attractive yield and full depreciation benefits. Designed by famous Watson Young with interiors by Cera Stribley, the estate was a finalist for the 2025 Urban Developer Awards — and it checks out when you check out the names setting up shop here.

- Leased with a 4-year term from 1st October 2025 with a 4-year option.
- Returning $47,430 per annum with 3% annual increases and 3-month bond.
- Suitable for investors looking for a 6%-6.5% strong yield, plus full depreciation benefits.
- 124 sqm* total building area.
- 3 allocated car spaces.
- Commercial 2 zoning.
- 900 m* to the Nepean.
- 650 m* to Southland and Southland railway station.

From the building’s accolades to the lease’s credentials, this is quality that’s already been judged the best. The real award? Winning the race to secure it over the competition.

*Approximate sizes.
Pricing excludes GST.

https://www.cheltenhamquarter.com.au/