Savills are proud to present 59 Carlyle Street, Sydenham – an 100% NBS, under-rented investment opportunity with diversified income and valuable on-site parking.
Secure a proven performer with upside in one of Sydenham’s most tightly held commercial pockets. Opportunities like this offering split risk, strong income, and on-site parking, are increasingly hard to find.
Unit A
123sqm warehouse
93sqm office
4 car parks
Recently refurbished
Rental- $37,500+OPEX
Unit B
290sqm office
4 car parks
Rental- $38,000+OPEX
Totals
506sqm approx. Floor area1
8 car parks
Rental- $75,500+OPEX
Key Features
Split-risk investment across two tenancies
Strong holding income with growth potential
Under-rented - genuine opportunity to add value over time
100% NBS building
Separate access to each unit for maximum flexibility
Total net rental: $75,500 + OPEX + GST
On-site parking a rare and highly desirable feature on Carlyle Street
With limited supply of comparable assets in this location, this is a compelling opportunity for investors looking to secure a strategic foothold while benefiting from future rental uplift.