Recently listed in the South Sydney area is Home HQ at 40 Ricketty Street, Mascot.
The property is being marketed by Colliers International - Sydney and Stanton Hillier Parker Sydney, on behalf of Mascot Commercial Investments Pty Ltd, a company associated with Sydney developers, Warren Duncan and Allen Linz.
Home HQ is a six-storey showroom, office and warehouse building, with car parking for 40 vehicles onsite. In its first life it was a two-storey workshop and warehouse, which was damaged by fire in 2004. Refurbishment/extension work began in 2005, went into abeyance for about two years, and was completed by early 2010 as a four and three storey building. Further alterations and additions, which included two additional office floors, were completed in late 2020. The total floor area was then 5,638 sqm with typical floor plates of 1,500 sqm.
The property last traded at $15.3 million in 2018 and is currently being advertised with a net income of $2,729,229.
CoreLogic Australia