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19a Boundary Street
Darlinghurst NSW 2010
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Sold on 22 Nov 2019

19a Boundary Street Darlinghurst NSW 2010

  • Offices
  • 6,480 m²
  • Sold

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.

CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold22 Nov 2019
Floor Area6,480 m²
Land Area1,679 m²
Energy4-star NABERS Energy rating
ParkingAsk Agent
Property ID2015777201
Category
Last updated  14 Jan 2020
Map for 19a Boundary Street Darlinghurst NSW 2010

Nearest transport* to 19a Boundary Street Darlinghurst NSW 2010

Bus
Train
Tram
Ferry
Craigend St At Oswald Lane242 m
Macdonald St At Liverpool St255 m
Brown St At Macdonald St304 m
Kings Cross Rd After Ward Av305 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold22 Nov 2019
Floor Area6,480 m²
Land Area1,679 m²
Energy4-star NABERS Energy rating
ParkingAsk Agent
Property ID2015777201
Category
Last updated  14 Jan 2020

Co-Agents

Tom Speakman
Tom Speakman
Mercer Property
Call
0412 891 330
Matt Davoren
Matt Davoren
Mercer Property
Call
0410 488 437

More about 19a Boundary Street Darlinghurst NSW 2010

19a Boundary Street Darlinghurst NSW 2010 is categorized as Office. It has a floor area of 6,480 m². The listing ID for this property is 2015777201.

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