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Suite 904, 83 Mount Street North Sydney, NSW 2060

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Suite 904, 83 Mount Street,
North Sydney, NSW 2060

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$590,000

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EXCEPTIONAL LONG TERM INVESTMENT IN HIGH QUALITY STRATA COMPLEX

  • 5 + 5 YEAR LEASE
  • TENANT RESPONSIBLE FOR OUTGOING INCREASE
  • NORTH SYDNEY’S BEST STRATA BUILDING
Situated within North Sydney’s best strata complex, suite 904/83 Mount Street provides an exceptional commercial investment opportunity with a long-term lease in place. As a result of recent building upgrades inclusive of building foyer, common areas, bathrooms, Air-conditioning and major services through-out the building, minimal capital-expenditure contributions are expected moving forward.

- TENANT: Professional Super Advisors Pty Ltd
- TERM: 5 + 5 years
- COMMENCEMENT: 01.11.2016
- SECURITY: $15,221.25 cash bond and personal guarantees
- INCOME: $53,250.00 p.a. + GST Gross income as at lease commencement
- OUTGOINGS: $14,882.08 p.a. + GST where applicable (inclusive of the tenant’s contribution toward the OSR parking levy)
- UPSIDE: 4% annual increases and market review or 4% (whichever the greater) at the exercise of the option. Tenant responsible for increases in outgoings over the base year.

Located in the centre of North Sydney CBD, 83 Mount Street is in a key position to take advantage of public amenities, including but not limited to café’s & restaurants, financial institutions, Greenwood Plaza, North Sydney station and more.

For sale via public auction:
10:30am Tuesday 14th February 2017
Auction Works: Mezzanine Level, 50 Margaret Street, Sydney NSW 2000

To obtain an information memorandum, further property details or arrange inspection via appointment, please contact Nick Moloney.

Property ID: 502234298Last Updated: 6 Sep 2018

0477 545 1...
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Suite 904, 83 Mount Street
North Sydney, NSW 2060

Detailed listing

Coutts North Sydney
Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060

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