Share this property

realcommercial.com.au

3 - 5 West Street North Sydney, NSW 2060

Directions

3 - 5 West Street,
North Sydney, NSW 2060

Offices • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

Municipality

Tenure type

Sold on

Map of 3 - 5 West Street

Directions

EXCEPTIONAL FREEHOLD INVESTMENT WITH RESIDENTIAL UPSIDE

  • 100% LEASED FREEHOLD INVESTMENT
  • MIXED USE ZONING (RESI PERMISABLE)
  • NET INCOME $534,511.74 + GST APPROX
3 – 5 West Street, North Sydney is a three storey commercial office investment strategically located within walking distance to the North Sydney Train & Bus Interchange whilst being in close proximity to the thriving West Street café precinct. This exceptional asset is 100% leased and benefits from development upside with an under utilised height limit and a mixed use zoning which permits residential usage*.

Key Attributes Include:
• 100% Leased Commercial Office Building
• Mixed Use Zoning (Residential Permissable)
• Under-utlised height limit
• 1,421sqm + 23 cars
• Three sides of Natural Light
• Picturesque outlook over St Thomas’ Anglican Church
• Strong tenant retention history to established businesses
• Walking distance to North Sydney Train & Bus Interchange
• Net Income $534,511.74 + GST (approx)

For Sale by Expressions of Interest closing 4pm, Wednesday 19th November 2014.


* Subject to council approval

Property ID: 501340211Last Updated: 4 Jun 2024

02 9925 00...
realcommercial.com.au logo
3 - 5 West Street
North Sydney, NSW 2060
Stanton Hillier Parker - North Sydney
Level 7/ 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.