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19a Boundary Street Darlinghurst NSW 2010

  • Offices
  • 6,480 m²
  • For Sale, Expressions of Interest

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.

Property Highlights

Property ID2015777201
Floor Area6,480 m²
Land Area1,679 m²
Energy4-star NABERS Energy rating
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Oct 2019
Map for 19a Boundary Street Darlinghurst NSW 2010
Mercer Property
Level 45/19-29 Martin Place Sydney NSW 2000

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