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79-81 Alexander Street Crows Nest, NSW 2065

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79-81 Alexander Street,
Crows Nest, NSW 2065

Offices • Shops & Retail

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AUCTION: Refurbished Boutique Freehold Investment

  • Recent Major Refurbishment
  • 12 Separate Tenancies
  • Underdeveloped Site
This boutique Lower North Shore commercial asset provides the astute investor a secure diversified income stream and quality that is second to none. Having recently undergone a major refurbishment designed by Nettleton Tribe, this attractive building offers the highest quality compact office and retail suites to the Crows Nest market

79-81 Alexander Street enjoys strong occupancy and an impressive rental history with multiple long standing tenants. With twelve separate tenancies over three floors providing a highly diversified income stream ensuring investors peace of mind.

Key Investment Features:
- 12 separate tenancies (2 x retail & 10 x commercial) plus eight car spaces
- 100% occupancy of office suites and strong rental history
- One retail suite vacant with negotiations underway
- Fully let income of approximately $239,916 p.a. + GST
- Complete refurbishment of façade, common areas, individual tenancies, common bathrooms air conditioning and security systems
- Outstanding natural light from central courtyard and district views to the rear
- Two separate freehold titles with individual entrances
- Mixed use zoning with future value add potential
- Underdeveloped site of 415sqm (approx)
- Low risk investment with multiple avenues for income growth and capital growth

Property ID: 500962751Last Updated: 30 Apr 2014

02 9925 12...
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79-81 Alexander Street
Crows Nest, NSW 2065
Raine & Horne Commercial - North Sydney
Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060
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