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414-422 Hackney Rd - Oakwood House 1,106 SF Office Condo Unit Offered at $693,177 CAD in London E2 7SY
Investment Highlights
- Convenient access to Overground and bus routes
- Increasingly popular area among young locals
Executive Summary
This property is located on the north side of Hackney Road, near the junction with Cambridge Heath Road. The street has become increasingly popular among young and trendy locals, thanks to the recent addition of new art galleries and fashion retailers. Moreover, the area offers convenient access to London Transport bus and train services, with the nearest Overground station being Cambridge Heath. Positioned only a short walk to the south-east from Broadway Market, the site boats fantastic exposure to vehicles and pedestrians.
Property Facts
| Total Building Size | 8,631 SF | Floors | 5 |
| Property Type | Office (Condo) | Typical Floor Size | 2,157 SF |
| Property Subtype | Office/Residential | Year Built | 1992 |
| Building Class | B | Parking Ratio | 0.57/1,000 SF |
| Total Building Size | 8,631 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 2,157 SF |
| Year Built | 1992 |
| Parking Ratio | 0.57/1,000 SF |
Amenities
- 24 Hour Access
- Kitchen
- Central Heating
- Demised WC facilities
- Direct Elevator Exposure
- Natural Light
- Shower Facilities
1 Unit Available
Unit Unit 3
| Unit Size | 1,106 SF | Sale Type | Investment |
| Price | $693,177 CAD | Tenure | Long Leasehold |
| Price Per SF | $626.74 CAD | Cap Rate | 4.47% |
| Condo Use | Office | NOI | $31,010.56 CAD |
| Unit Size | 1,106 SF |
| Price | $693,177 CAD |
| Price Per SF | $626.74 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 4.47% |
| NOI | $31,010.56 CAD |
Description
The available asset comprises a self-contained E Class commercial unit on the ground floor of the Oakwood House development, benefiting from excellent natural light and strong transport connectivity.
Sale Notes
The property is currently producing an income of £17,000 per annum from the established play café, Dreami Ltd, and is available for purchase on a long leasehold of 250 years.
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414-422 Hackney Rd - Oakwood House
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