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Coutts - North West

1 Bayswater Street Drummoyne, NSW 2047

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1 Bayswater Street,
Drummoyne, NSW 2047

Offices • Medical & Consulting

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$2,350,000

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Coutts - North West
Sutieng Mah

Coutts - North West

Suite 510, 12 Century Circuit
BAULKHAM HILLS, NSW 2153
0466 340 5...
Coutts - North West
1 Bayswater Street
Drummoyne, NSW 2047

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LEASED FREESTANDING COMMERCIAL INVESTMENT FOR SALE

Located in one of Inner West Sydney’s most highly desirable, and tightly held pockets, with a historic and undeniable charm that exudes affluence, Drummoyne and its character offer an aura like no other.

Approximately 7 kms west of the Sydney CBD and situated upon the western side of Bayswater Street at its north-western intersection with Lyons Road. The commercial tenant is a 247sqm* ophthalmological (eye) consulting practice spanning across 2 levels, with a lease until 31 October 2025.

This quality commercial asset has a complete medical fit out split over two levels including:
- Warm reception and large waiting areas
- Multiple executive offices and consultation rooms with abundant natural lighting
- Kitchen/sterilisation area
- Private amenities on each floor including shower/bath/laundry
- Two secure designated onsite parking with free street parking

Leased - $108,915.48 + GST Net Rent PA
Expiry – 31 October 2025
Rent Reviews – Greater of 3% or CPI
Outgoings - Estimated $9,309 + GST pa 100% payable by the tenant
Zoned R3 - Medium Density Residential
FSR - 0.5:1
Maximum Height of Building not to exceed - 8.5m
Canada Bay Local Environmental Plan 2013

Within minutes’ walk to cafes & restaurants, retail & other amenities, parks, major arterial Victoria Road, frequent bus routes and Drummoyne Ferry Wharf.

A better investment cannot be found in this highly sought-after location. Viewing by appointment only. For further information and to organise your inspection, contact the exclusive agent today, this property won't last long!

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Property ID: 503562226Last Updated: 30 Aug 2020

Coutts - North West
Suite 510, 12 Century Circuit
BAULKHAM HILLS, NSW 2153
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