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42-44 Victoria Street McMahons Point, NSW 2060

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42-44 Victoria Street,
McMahons Point, NSW 2060

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SPECTACULAR ART DECO STRATA BUILDING LEASED TO SOUTHERN STAR

  • FREESTANDING ART DECO STRATA BUILDING
  • LONG LEASE TO SOUTHERN STAR
  • NET INCOME: $740,000 + GST
CI Australia are delighted to offer For Sale, two fully leased strata titles in Chuter Place, 42 – 60 Victoria Street, McMahons Point. The two strata titles (Lots 1+2 SP 20530) comprise of a refurbished freestanding art deco building, leased entirely to Southern Star known as Endemol Shine Australia, a subsidiary of Endemol.

Rarely does a building of this calibre come to the market for sale in such a prime location. Commanding a high profile corner position and a truly unique identity, 42 – 44 Victoria Street offers the best of the thriving McMahons Point village atmosphere whilst being 500m from North Sydney Station and subsequently the Sydney CBD.

42 – 44 Victoria Street, McMahons Point is the corporate Headquaters for Endemol Shine Australia.

Key Investment Highlights Include:
- Impeccable Fully Leased Stand Alone Art Deco Strata Building.
- Strata Area: 1,178sqm + parking for 20 cars.
- 7 + 7 Year Lease to Southern Star Entertainment Holdings a subsidiary of Endemol.
- Spectacular Office space with polished concrete flooring, soaring exposed ceilings, sleek down lights, modern break out amenities, new large format windows ensuring excellent natural light and expansive views.
- Easy 500m walk from North Sydney Railway Station.
- Highly desirable & supply constrained McMahons Point Location.
- 4% Fixed increases each anniversary.
- Large 4,982 sqm strata plan site parcel with versatile usage parameters.
- Improving Leasing Fundamentals.
- Depreciation Benefits Available.
- Net Income: $740,000 + GST approx

To arrange an inspection or for further information on this unique opportunity please contact the Exclusive Sales Agent above.

Property ID: 502184510Last Updated: 4 Jun 2024

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42-44 Victoria Street
McMahons Point, NSW 2060
Stanton Hillier Parker International - North Sydney
Level 7/ 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060

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