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Mercer Property - SYDNEY

19a Boundary Street Darlinghurst, NSW 2010

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19a Boundary Street,
Darlinghurst, NSW 2010

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Mercer Property - SYDNEY
Matt Davoren
Tom Speakman

Mercer Property - SYDNEY

Suite 4.17, Lawson Place, 167 Phillip Street
SYDNEY, NSW 2000
Mercer Property - SYDNEY
19a Boundary Street
Darlinghurst, NSW 2010

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SIGNIFICANT TROPHY FREEHOLD ASSET

  • NLA 6,480m2*
  • $4.4m net income* (as at January 2020)
  • 100% leased investment asset
Mercer Property together with CBRE are pleased to present 19a Boundary Street, Darlinghurst to the market for sale via an International Expressions of Interest campaign.

As Australia's creative hive, Sydney's City Fringe is one of the most highly sought-after markets for investors.19a Boundary Street is an exceptional opportunity to acquire 100% freehold interest in a fully leased, landmark building.

- Trophy asset in prominent Sydney CBD Fringe location
- Strong tenancy profile, leased to 53 separate tenancies
- Astonishing 5% annual increases on leases
- Future reversionary rental uplift ($900-$1,100 psm gross)*
- Ability to increase NLA by an additional 15% per floor, through capturing whole floor tenancies*
- Ability to Strata sub-divide (STCA)
- 51 parking bays and end-of-trip facilities

*approximately

Expressions of Interest close on Thursday, 14th November, 2019 at 4:00pm (AEDT).

To request a comprehensive information memorandum or to arrange a time to inspect the asset, please contact the agents.

Property ID: 503366798Last Updated: 15 Jan 2020

Mercer Property - SYDNEY
Suite 4.17, Lawson Place, 167 Phillip Street
SYDNEY, NSW 2000
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000
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