Auction 11am Tuesday 11 September 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Westpac Lease to August 2022 + Options to 2028
Long term occupant on recently renewed 5 year lease
Guaranteed rental growth, 3.5% fixed annual increases
Large 313 sqm building plus 9 valuable on-site car spaces (laneway access)
Bustling tightly held retail & medical/health precinct adj. train station
Close proximity to St George Hospital, one of Sydney’s largest
Surrounded by substantial new medium density development
Wide retail frontage with future development potential STCA (FSR: up to 2.99)
Major thoroughfare & just 20 mins by train to Sydney CBD
Bank pays outgoings incl. land tax (SHB), as per lease
Net Income: $160,425 pa + GST