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Elfed House Mulberry Dr 6,324 SF 100% Leased Office Building Cardiff CF23 8RS $1,328,952 CAD ($210.14 CAD/SF) 11.19% Cap Rate
INVESTMENT HIGHLIGHTS
- Significant recent tenant investment to ground floor.
- Let to MacIntyre Hudson LLP until 2033 (subject to Tenant break in 2028).
- Modern Self Contained Office.
EXECUTIVE SUMMARY
Elfed House is a modern 2 story office with raised floors, suspended ceiling with recessed lighting and air conditioning throughout. There are staff areas and WC’s on both floors and 28 dedicated car park spaces within the building demise. The ground floor accommodation has recently been fully and extensively refurbished as part of the tenants ongoing commitment to the property.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
6,324 SF
Building Class
B
Year Built
2000
Price
$1,328,952 CAD
Price Per SF
$210.14 CAD
Cap Rate
11.19%
NOI
$148,694 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,162 SF
Slab To Slab
10’
Parking
15 Spaces (2.37 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Central Heating
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Elfed House | Mulberry Dr
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