07/10/2026
FOR SALE. A net-leased office investment in Pymble with built-in rent growth.
Ground Floor, Suite 2 at Pymble Place is 150sqm with six secure car spaces, a 1:25 ratio that is hard to find in the corridor. It's leased to Mann+Hummel, the German-headquartered global filtration business with more than 80 locations worldwide.
The numbers, net income of $97,532 per annum plus GST, with annual reviews at the greater of 3% or CPI. That review structure is the detail worth pausing on a fixed 3% floor with CPI upside means the income keeps pace if inflation runs, rather than eroding against it.
It's a true net lease, with outgoings including property management, air conditioning and land tax all recovered from the tenant, and the income secured by a bank guarantee. The tenant has exercised its option and holds a further five-year option to 2036.
The fit-out is established and in good condition; boardroom, executive office, open-plan workspace, server room and kitchen. Suite 2 is also the only suite in the building under 300sqm with direct balcony access.
On position: a bus stop at the front door feeding Macquarie University Metro and the Gordon and Pymble stations, Bunnings a few doors away, and roughly 30 minutes to the Sydney C*D via the arterial network.
Expressions of Interest close 3:00pm, Thursday 22 October 2026, unless sold prior.
Lachlan Worthington | 0421 777 889
