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Level 11 / 83 Mount Street North Sydney, NSW 2060

Level 11 / 83 Mount Street,
North Sydney, NSW 2060

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Premium Office Investment With Long Term Lease

  • 5 + 5 + 5 YEAR LEASE REPUTABLE COMPANY
  • ~$204,110 P.A. NET INCOME
  • 406m2 WHOLE FLOOR, 5 CARS, FITOUT
In a market with a very limited supply of quality strata investment offerings, this property provides the astute investor an opportunity to acquire one of North Sydney’s best strata offices in the most fiercely sought after strata building in the North Sydney precinct.

Key Features:

- SECURITY: 5 + 5 + 5 year lease to long standing tenant (20 years)
- RETURN: ~$204,110 p.a. net income (with tenant paying 100% of outgoings)
- GROWTH: 3.50% annual rent increases + ratchet clause at option
- QUALITY: Purpose-built modern fit out; three sides of natural light
- BUILDING: Extremely well-maintained; recent strata refurbishments and upgrades will minimise future expenditure
- LOCATION: In the very heart of North Sydney CBD with direct access to train & bus services and surrounded by an abundance of retail and public amenity

To obtain the Information Memorandum and to arrange an inspection, please don’t hesitate to contact the Vendor’s exclusive agent.

For Sale: Public Auction
Wednesday 16 March 2016 from 10:30am
Colliers International Q1 Portfolio Auction
Level 30 / 225 George Street, Sydney

Property ID: 501864322Last Updated: 27 Jul 2018

04056936...
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Level 11 / 83 Mount Street
North Sydney, NSW 2060
Colliers - Sydney North
Level 42, 100 Miller Street
NORTH SYDNEY, NSW 2060

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