CI Australia are delighted to offer for sale two fully leased strata titles in Chuter Place, 42 – 60 Victoria Street, McMahons Point. The two strata titles (Lots 1+2 SP 20530) comprise of a refurbished freestanding art deco building, leased entirely to Southern Star known as Endemol Shine Australia, a subsidiary of Endemol.
Rarely does a building of this calibre come to the market for sale in such a prime location. Commanding a high profile corner position and a truly unique identity, 42 – 44 Victoria Street offers the best of the thriving McMahons Point village atmosphere whilst being 500m from North Sydney Station and subsequently the Sydney CBD.
42 – 44 Victoria Street, McMahons Point is the corporate Headquaters for Endemol Shine Australia.
Key Investment Highlights Include:
- Impeccable Fully Leased Stand Alone Art Deco Strata Building.
- Strata Area: 1,178sqm + parking for 20 cars.
- 7 + 7 Year Lease to Southern Star a subsidiary of Endemol.
- Spectacular Office space with polished concrete flooring, soaring exposed ceilings, sleek down lights, modern break out amenities, new large format windows ensuring excellent natural light and expansive views.
- Easy 500m walk from North Sydney Railway Station.
- Highly desirable & supply constrained McMahons Point Location.
- 4% Fixed increases each anniversary.
- Large 4,982 sqm strata plan site parcel with versatile usage parameters.
- Improving Leasing Fundamentals.
- Depreciation Benefits Available.
- Net Income: $740,000 + GST approx
To arrange an inspection or for further information on this unique opportunity please contact the Exclusive Sales Agent below:
