79-81 Alexander Street,
Crows Nest, NSW 2065
Offices • Shops & Retail
Key property information
Land area
Floor area
Car spaces
Property extent
Tenure type
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Map of 79-81 Alexander Street
AUCTION: Refurbished Boutique Freehold Investment
- Recent Major Refurbishment
- 12 Separate Tenancies
- Underdeveloped Site
This boutique Lower North Shore commercial asset provides the astute investor a secure diversified income stream and quality that is second to none. Having recently undergone a major refurbishment designed by Nettleton Tribe, this attractive building offers the highest quality compact office and retail suites to the Crows Nest market
79-81 Alexander Street enjoys strong occupancy and an impressive rental history with multiple long standing tenants. With twelve separate tenancies over three floors providing a highly diversified income stream ensuring investors peace of mind.
Key Investment Features:
- 12 separate tenancies (2 x retail & 10 x commercial) plus eight car spaces
- 100% occupancy of office suites and strong rental history
- One retail suite vacant with negotiations underway
- Fully let income of approximately $239,916 p.a. + GST
- Complete refurbishment of façade, common areas, individual tenancies, common bathrooms air conditioning and security systems
- Outstanding natural light from central courtyard and district views to the rear
- Two separate freehold titles with individual entrances
- Mixed use zoning with future value add potential
- Underdeveloped site of 415sqm (approx)
- Low risk investment with multiple avenues for income growth and capital growth
79-81 Alexander Street enjoys strong occupancy and an impressive rental history with multiple long standing tenants. With twelve separate tenancies over three floors providing a highly diversified income stream ensuring investors peace of mind.
Key Investment Features:
- 12 separate tenancies (2 x retail & 10 x commercial) plus eight car spaces
- 100% occupancy of office suites and strong rental history
- One retail suite vacant with negotiations underway
- Fully let income of approximately $239,916 p.a. + GST
- Complete refurbishment of façade, common areas, individual tenancies, common bathrooms air conditioning and security systems
- Outstanding natural light from central courtyard and district views to the rear
- Two separate freehold titles with individual entrances
- Mixed use zoning with future value add potential
- Underdeveloped site of 415sqm (approx)
- Low risk investment with multiple avenues for income growth and capital growth
Crows Nest, 2065 demographic data
The median household income for Crows Nest is $2,614, 26% higher than Greater Sydney's household income of $2,077. Crows Nest has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 54% of property owners in Crows Nest have a mortgage.
4,974
Population
$2,614 per week
Median household income
36 years
Median age
Renters
Most residents
Families
Most households
02 9925 12...
79-81 Alexander Street
Crows Nest, NSW 2065
Coutts North SydneyLevel 3, 104 Mount Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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