LEASING LADDER

The article reports new leases by Nanosonics Limited (Alexandria), Nikkon Lighting (Seven Hills), Nordic Fusion (Bondi Beach), Estrella (Neutral Bay), Narellan Pools (Baulkham Hills), and tenants Mr Ghattas and Mr Farah (Mascot).

Leases included: Nanosonics — 470 sq m at 32/566 Gardeners Road, Alexandria; Nikkon Lighting — 780 sq m office/warehouse at 30–32 Artisan Road, Seven Hills; Nordic Fusion — 52 sq m shop at The Beach House, 178 Campbell Parade, Bondi Beach; Estrella — 80 sq m shop at 4/143 Military Road, Neutral Bay; Narellan Pools — 247 sq m office in Norwest Business Park, Baulkham Hills; Mr Ghattas and Mr Farah — 500 sq m at Unit 1, 166 O'Riordan Street, Mascot.

Reported lease terms were: Nanosonics — one year plus a one‑year option; Nikkon Lighting — two years; Nordic Fusion — five years; Estrella — five years; Narellan Pools — three years plus a three‑year option; Mr Ghattas and Mr Farah — three years.

The article lists rates per square metre (where stated): Alexandria $241.50/sq m gross; Seven Hills $110/sq m net; Bondi Beach $1,637/sq m gross; Neutral Bay $800/sq m net; Baulkham Hills $345/sq m net; Mascot $120/sq m gross. These figures show a wide range of rents across different Sydney suburbs and property types.

Landlords included Stonery Pty Ltd Superannuation Scheme (Alexandria), Presida Constructions (Seven Hills), Investec (Bondi Beach), private investors (Neutral Bay and Baulkham Hills), and Cryton Investments No 9 (Mascot). Brokers and agents named were Peta Antoniou and Fallon Leek (Billicorp); Adam Micola and Stephen Chronopoulos (Savills Industrial); Matthew Yovich (Rook Partners); Tom Doran (Doran Commercial); Brett Beazley (Norwest Commercial and Industrial Real Estate); and Mark Silva (CBRE).

Retail shop leases reported: Nordic Fusion (52 sq m shop, Bondi Beach) and Estrella (80 sq m shop, Neutral Bay). Office/warehouse and commercial site leases: Nikkon Lighting (780 sq m office/warehouse, Seven Hills), Narellan Pools (247 sq m office, Baulkham Hills), Nanosonics (470 sq m site, Alexandria) and the 500 sq m site at Mascot leased by Mr Ghattas and Mr Farah.

Yes. The Nanosonics lease in Alexandria included a one‑year option after the initial one‑year term. Narellan Pools' Baulkham Hills lease included a three‑year option after an initial three‑year term. No options were reported for the other leases.

The article provides concrete, local examples of lease sizes, contract lengths, rent per square metre and the brokers and landlords active in Sydney suburbs. Everyday investors can use these details as reference points when benchmarking rents, evaluating lease term norms, or identifying brokers and investment-grade locations such as Bondi Beach, Neutral Bay, Norwest Business Park and Mascot.