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Contact: Nick Moloney, Ph : 0477 545 111
Agency:
Raine & Horne Commercial North Sydney
Ph: (02) 9925 1222
AUCTION: Tuesday 18 July 2017 10:30 AM
Auctionworks | 50 Margaret Street
Mezzanine Level, 50 Margaret Street
Sydney, NSW, 2000
(02) 9252 8577

Auctioneer:

Jesse
Davidson  Lic.No: 163 4964
ESSENTIAL COMMERCIAL STRATA OFFICE INVESTMENT
Suite 604, 83 Mount Street
North Sydney, NSW

Located within North Sydney’s most premium commercial strata building, Suite 604 / 83 Mount Street ticks all the investment boxes. Established tenant, well maintained and upgraded building services & common areas, central location, easy access to public transport, district aspect / views and overloaded with natural light. Ideal in tenancy size and benefiting from positive demand for high quality commercial office suites, Suite 604 is flawless as a new or additional asset, to any commercial strata portfolio.

 

- TENANT: BEM PROPERTY CONSULTANTS

- TERM: 3 + 1 YEARS

- COMMENCEMENT: 01/08/2017

- SECURITY: Bank Guarantee equivalent to 3 month’s Gross Rent

- INCOME: $49,660.00 p.a. + GST Gross income as at lease commencement

- OUTGOINGS: $11,786.24 p.a. + GST where applicable

- UPSIDE: 4.25% annual increases

 

With immediate access to all surrounding services, 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.