This is what you call a long term, set and forget investment. Ground Floor, Suite 2 at Pymble Place is a 150 sqm office with 6 secure car spaces, leased to Mann+Hummel, the German headquartered global leader in filtration with more than 80 locations worldwide.
The tenant has exercised its option and committed to a further term, with another five year option beyond that. Net income runs at $97,532 per annum plus GST and steps up every year at the greater of 3% or CPI, and it is a true net lease with all outgoings recovered from the tenant. The lease is secured by a bank guarantee. In a market where inflation is eating into returns, this is the kind of setup built to stay ahead of it.
Inside is a quality, established fit-out including a boardroom, executive office, open-plan workspace, server room and kitchen. Suite 2 is the only suite in the building under 300 sqm with direct access to the balcony.
The position does the heavy lifting. A bus stop sits at the front door feeding the Macquarie University Metro and the Gordon and Pymble train stations, a Bunnings Warehouse is a few doors away, and the arterial road network puts you around 30 minutes from the Sydney CBD.
For a passive investor chasing durable, inflation-beating income behind a global tenant, this is as close to set and forget as it gets.
Offered by Expressions of Interest for maximum flexibility on terms and privacy through the campaign.
Key features:
150 sqm ground floor office plus 6 secure car spaces, a 1:25 ratio
Leased to Mann+Hummel, a global air filtration leader with 80+ locations worldwide
Net income $97,532 pa + GST, growing at the greater of 3% or CPI
True net lease, all outgoings recoverable from the tenant, including PM, AC & Land Tax
Option already exercised, with a further five year option to 2036
Income secured by a bank guarantee
Quality fit-out: boardroom, executive office, open-plan, server room and kitchen
The only suite in the building under 300 sqm with direct balcony access
Bunnings and a bus stop at the door, around 30 minutes to the Sydney CBD
Sale method:
For Sale by Expressions of Interest closing 3:00pm Thursday 22 October 2026, unless sold prior.
For further information or to arrange an inspection, contact the exclusively listed PropertyFox agent, Lachlan Worthington on 0421 777 889.
