North Sydney
R&H

202/83 Mount Street, North Sydney, NSW 2060

  • Floor Area:
    70sqm
  • garages1
    • Sold

      SUPER INVESTMENT / 20-YEAR LEASE INCLUDING OPTIONS

      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

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      avatar Nick Moloney
      Nick Moloney
      Sales Director

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L11256995
      • Property Type:Offices
      • Building / Floor Area:70 sqm
      • Car Spaces:1
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