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99 Walker Street, NORTH SYDNEY NSW 2060
Prop ID: 251772
INTEREST
More Photos (3)Landmark Asset with Value Creation Opportunities
99 Walker Street, NORTH SYDNEY NSW 2060
Building Area:
17,522 m²
Land Area:
2,263 m²
Occupancy:
leased investment
Parking Spaces:
Excellent Parking Ratio 1:62
EOI Close Date:
15/05/2008 3:00:00 PM
Recipient Name:
Paul Craig
Delivery Address:
Level 1, 40 The Esplanade, Perth WA 6000
Rental (p/a):
$7,523,318 (GST ex)
Outgoings Paid By:
tenant
Prime corner location in North Sydney CBD
Significant opportunities to add value
Excellent parking ratio – 1:62
Newly refurbished food court
Current low FSR may allow for NLA additions - Requires council approval
North Sydney market positioned for strong growth
NLA: Office 15,047m², Retail 993m², Tavern 1,482m²
800m² floor plates – among the largest in North Sydney
Close to train station and bus stops, with easy car access to Freeway and Harbour Bridge
Short term lease expiry profile, ideal to capitalise on strengthening market and rent reversions
North Sydney market landlocked for competing development over long term
Estimated Net Passing Income: $7,523,318 p.a.
Estimated Fully Let Market Income: Over $9,175,000 p.a.
Agent Details
Savills (WA) Pty Limited - Perth
Level 1, Wesfarmers House40 The Esplanade
Tel: 0894884111
Fax: 0894884112
Contact:
Paul Craig
Mobile: 0422 235 519
Contact:
Michael Andrews
Mobile: 0411 500 016
General: (02) 8215 8888
Sales:
Rental:
Technical:
Fax:
Contact:
Chris Freeman
Mobile: 0402 111 456
General: (02) 8215 8981
Sales:
Rental:
Technical:
Fax:
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To:
Savills (WA) Pty Limited - Perth, Perth
Subject:
Property for interest - ID 251772
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