Suites 202/83 Mount Street is the commercial strata investment opportunity that investors often wait for, and now it's here. With a lease that has 20 years of total tenure (including all option periods), leased to a medical operator, in the center of North Sydney CBD, Suite 202 provides cash flow, security, stability, and certainty, key features of an ideal commercial investment. INVESTMENT FEATURES:
• 70sqm + 1 secure car space
• 10 years + 5 years + 5 years lease
• Built-in annual increases
• Also leased to the adjacent property (tenant occupies suites 201 & 202)
• Tenant pays 50% of the strata outgoings p.a.
• The tenant has invested $365,000.00 of fit out into suite 202 at their lease commencement (as advised by the owner)
• $90,000.00 security bond held by the owner
• Situated on the front of the building with great light coming through North Sydney quickly changing and evolving into a far more modern business district, businesses have great access to public transport, new restaurants, cafes, and financial and business services. North Sydney is quickly becoming a destination for blue chip and international businesses. OPEN FOR INSPECTION TIMES: By Appointment. For any further information, to obtain the Information Memorandum, please contact Nick Moloney
- 0477 545 111