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Sold on 23 Oct 2020

58 Victoria Street Mcmahons Point NSW 2060

  • Offices
  • 749 m²
  • Sold

JUST SOLD BY JAY SHEFFIELD - 0412 964 823 & NICK MOLONEY - 0477 545 111

  • Highly Desired & Sought-After Investment
  • Not just Another Handbag Asset
  • Rich Heritage in a Sought-After Location

Nestled within Sydney's prestige harbourfront suburb of McMahons Point, 58 Victoria Street is rich with history and has an exceptional track leasing record. Currently Oroton Group's head office, the site has also been home to some well recognised companies including Endemol Shine Australia and KVB Institute. Due to its convenience with rail, ferries and retail all close by combined with a relaxed lifestyle ambiance, McMahons Point is also home to the likes of Diageo, Dolby, Compass Group and the BBC.

As one of only 8 lots positioned on over 4,900sqm of prime land plus the right to 10 car spaces, you will quickly understand why these units are so tightly held. The high ceilings coupled with harbour and city skyline views within a creative warehouse style workspace makes for a highly desirable working environment to attract appealing staff and clientele alike. Offering an internal area of just under 750sqm Approx. featuring exposed rigid ducting, offices, meetings rooms, bathrooms with shower amenity and a mezzanine kitchen and breakout area. The internal space presents immaculate throughout with Oroton adding their final touches of innovative design and luxury.

Offered with a secure lease in place with a 6 year initial term & 2 further 5 year options, 58 Victoria Street is a must to consider for your property portfolio.

- TENANT: OROTONGROUP (AUSTRALIA) PTY LIMITED
- TERM: 6 + 5 + 5 Years
- COMMENCEMENT: 01.05.2018
- SECURITY: 6-month bank guarantee (At commencing rent)
- GROSS INCOME: $433,505.28 p.a. + GST
- OUTGOINGS: $22,114.06 p.a. + GST
- NET INCOME: $411,391.22 p.a. + GST
- STRATA AREA: 553sqm
- FLOOR AREA: 749sqm Approx.
- PARKING: 10 car spaces

For a private inspection call the exclusive selling agents, Jay Sheffield 0412 964 823 or Nick Moloney 0477 545 111

For sale via EXPRESIONS OF INTEREST (EOI):
EOI close: 15th October - 4pm AEST

To obtain an expression of interest form, please contact the exclusive selling agents

Jay Sheffield
Raine & Horne Commercial North Sydney
Jay Sheffield
Raine & Horne Commercial North Sydney
Nick Moloney
Raine & Horne Commercial North Sydney
Nick Moloney
Raine & Horne Commercial North Sydney

Property Highlights

Property ID2016501234
Date Sold23 Oct 2020
Floor Area749 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
Parking10 x Onsite parkings
Category
Last updated  23 Oct 2020
Map for 58 Victoria Street Mcmahons Point NSW 2060
Map for 58 Victoria Street Mcmahons Point NSW 206058 Victoria Street Mcmahons Point NSW 2060
Jay Sheffield
Raine & Horne Commercial North Sydney
Jay Sheffield
Raine & Horne Commercial North Sydney
Nick Moloney
Raine & Horne Commercial North Sydney
Nick Moloney
Raine & Horne Commercial North Sydney

Property Highlights

Property ID2016501234
Date Sold23 Oct 2020
Floor Area749 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
Parking10 x Onsite parkings
Category
Last updated  23 Oct 2020
Raine & Horne Commercial North Sydney
Ground Floor, 124 Walker Street North Sydney NSW 2060
Jay Sheffield
Raine & Horne Commercial North Sydney
Jay Sheffield
Raine & Horne Commercial North Sydney
Nick Moloney
Raine & Horne Commercial North Sydney
Nick Moloney
Raine & Horne Commercial North Sydney
Jay Sheffield

Jay Sheffield

Raine & Horne Commercial North Sydney

Nick Moloney

Nick Moloney

Raine & Horne Commercial North Sydney

0412 *** ***
0412 964 823

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