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19-21 Berry Street North Sydney, NSW 2060

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Sold

19-21 Berry Street North Sydney, NSW 2060

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Sold Price

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Floor area

2055.0m²

Car spaces

15

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

24 Mar 2014

SOLD - Impressive Commercial Freehold Asset - 7.6% Net Return!

  • North Sydney CBD fringe
  • Two strata lots combined
  • Net Income Approx $954,705 p.a.
Completed in 2002, 19 - 21 Berry Street is a high quality boutique office building strategically located within the North Sydney CBD. Architecturally designed to provide a modern image, efficient floor plates and embrace the panoramic harbor & district views and abundance of natural light, this building has proven to be extremely popular with tenants, defying recent market instability to secure a number of tenants on desirable in recent years.

Comprising 13 tenancies, all of which are leased to quality tenants including the Australian Catholic University which occupies the whole of level 4, 19 - 21 Berry Street is unique to the North Sydney market being the only building in its size range completed in the past decade and the only building of its size offering water views from the upper floors.

With 100% occupancy, a sought after location, high build quality and potential for value add through strata subdivision this property offers the astute investor an opportunity to secure a high returning and secure investment.

Property ID: 500849659Last Updated: 25 Mar 2014

02 9 *** ***
19-21 Berry Street
North Sydney, NSW 2060

Agency contacts

Raine & Horne Commercial - North Sydney

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Raine & Horne Commercial - North Sydney

Ground Floor, 124 Walker Street
NORTH SYDNEY, NSW 2060
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Raine & Horne Commercial - North Sydney
19-21 Berry Street North Sydney, NSW 2060

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