19a Boundary Street,
Darlinghurst, NSW 2010
Key property information
Map of 19a Boundary Street
SIGNIFICANT TROPHY FREEHOLD ASSET
- NLA 6,480m2*
- $4.4m net income* (as at January 2020)
- 100% leased investment asset
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
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
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