Units 406 - 408 / 10 Century Circuit
norwest
NSW, 2153

Offered for sale via Expressions of Interest, suites 406, 407 and 408 at 10 Century Circuit represent a compelling portfolio acquisition in one of Sydney's most tightly held commercial precincts. Forming part of Norwest Central - the landmark fourth-floor of a premier Norwest Business Park address - the three adjoining suites span a combined 420sqm* and currently generate a combined net income of $188,252.81 per annum.

The asset suits investors seeking immediate income with genuine optionality. Each suite is separately tenanted, providing income diversification across the portfolio.
Suite 407 (220sqm) is leased to 31 December 2026 with a further 2-year option to 31 December 2028.
Suite 408 (85sqm) is leased to 31 May 2026 with the tenant having indicated their intention to extend for a further 12 months - offering near-term rental uplift potential at market.
Suite 406 (115sqm) is leased to October 2027 with further lease details available upon request to qualified purchasers.

For purchasers seeking future flexibility, the suites present a clear repositioning opportunity. The internal wall configuration across the combined tenancy was originally constructed outside the registered lot boundaries and will require reconfiguration prior to individual on-sale. Comparative sales evidence for similarly sized suites in the building supports a strong individual sale value, with the combined strata area estimated to realise between $3,803,000 and $4,224,000 if sold separately post-remediation - representing meaningful embedded upside above the portfolio acquisition price.

Priced to reflect a net yield range of approximately 5.1% to 5.7%, the portfolio is offered between $3,300,000 and $3,620,000 - providing investors with a credible entry point into a precinct where demand for quality strata office continues to be supported by proximity to Norwest Metro Station, Norwest Marketown, and the ongoing maturation of the broader Hills District.