Share this property

realcommercial.com.au

42-44 Victoria Street McMahons Point, NSW 2060

Directions

42-44 Victoria Street,
McMahons Point, NSW 2060

Offices

Price information

Sold

Contact Agent

Key property information

Floor area

Car spaces

Parking info

Property extent

Municipality

Tenure type

Sold on

Map of 42-44 Victoria Street

Directions

SPECTACULAR ART DECO STRATA BUILDING LEASED TO SOUTHERN STAR

  • FREESTANDING ART DECO STRATA BUILDING
  • LONG LEASE TO SOUTHERN STAR
  • NET INCOME: $740,000 + GST
CI Australia are delighted to offer For Sale, two fully leased strata titles in Chuter Place, 42 – 60 Victoria Street, McMahons Point. The two strata titles (Lots 1+2 SP 20530) comprise of a refurbished freestanding art deco building, leased entirely to Southern Star known as Endemol Shine Australia, a subsidiary of Endemol.

Rarely does a building of this calibre come to the market for sale in such a prime location. Commanding a high profile corner position and a truly unique identity, 42 – 44 Victoria Street offers the best of the thriving McMahons Point village atmosphere whilst being 500m from North Sydney Station and subsequently the Sydney CBD.

42 – 44 Victoria Street, McMahons Point is the corporate Headquaters for Endemol Shine Australia.

Key Investment Highlights Include:
- Impeccable Fully Leased Stand Alone Art Deco Strata Building.
- Strata Area: 1,178sqm + parking for 20 cars.
- 7 + 7 Year Lease to Southern Star Entertainment Holdings a subsidiary of Endemol.
- Spectacular Office space with polished concrete flooring, soaring exposed ceilings, sleek down lights, modern break out amenities, new large format windows ensuring excellent natural light and expansive views.
- Easy 500m walk from North Sydney Railway Station.
- Highly desirable & supply constrained McMahons Point Location.
- 4% Fixed increases each anniversary.
- Large 4,982 sqm strata plan site parcel with versatile usage parameters.
- Improving Leasing Fundamentals.
- Depreciation Benefits Available.
- Net Income: $740,000 + GST approx

To arrange an inspection or for further information on this unique opportunity please contact the Exclusive Sales Agent above.

Property ID: 502184510Last Updated: 20 Feb 2017

0408 891 3...
realcommercial.com.au logo
42-44 Victoria Street
McMahons Point, NSW 2060
CI Australia Pty Limited
Level 7, 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.