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Terrace, 8 281 Pacific Highway North Sydney, NSW 2060

Terrace, 8 281 Pacific Highway,
North Sydney, NSW 2060

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Up To 8% Net Return! Unique Mixed Use Investment With Upside

  • 3 + 3 year lease
  • Terrace with Mixed Use Zoning
  • UPTO 8% NET RETURN!!!
Unique Mixed Use Terrace With High Return & Potential Upside

Up To 8% Net Return... From Only $3,165/sqm*

With 115sqm spread over two levels plus a floating mezzanine, this stylishly refurbished mixed use strata terrace offers the astute investor a secure long term return as well as potential to add value by utilising the properties mixed use zoning.

Features Include:
- 3 Year lease to 30 September 2014 + 3 year
- Gross income $41,800 p.a. + GST
- Outgoings only $61/sqm p.a. (7,012 p.a. + GST where applicable)
- Renovated bathrooms & kitchenette
- Dual access from Pacific Hwy & common courtyard
- Independent air conditioning
- Impressive entrance foyer & meeting room
- Open plan office space on the upper levels
- Front & rear balconies to the first floor
- 2 basement car spaces NO PARKING LEVIES
- Large 21sqm basement storage room option

Located on the creative fringe of North Sydney within easy walking distance to multiple cafés, Union Hotel, North Sydney trains & buses. Priced for quick sale, this unique property is sure to sell quickly.

*price/sqm factors in a value of $25,000/car space & $1,000/sqm of storage space

Property ID: 500514127Last Updated: 13 Dec 2013

02 9925 12...
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Terrace, 8 281 Pacific Highway
North Sydney, NSW 2060
Raine & Horne Commercial - North Sydney
Level 3, 104 Mount Street
NORTH SYDNEY, NSW 2060
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