North Sydney

202/83 Mount Street, North Sydney, NSW 2060

  • 70 sqm
  • 1

Sold

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

Nick Moloney
Sales Director
Enquire Now

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