As the Exclusive Selling Agent, CI Australia is delighted to offer 79 - 81 Alexander Street, Crows Nest For Sale via Auction at 10:30am on Tuesday 2nd March 2021.
Perfectly positioned in the heart of Crows Nest, 79 81 Alexander Street is a multi-tenanted freehold building with exceptional development potential.
Opportunities to acquire commercial freehold buildings in Alexander Street are few and far between. Multiple commercial buildings in this Street are being converted into shop top housing which is diminishing the supply of freehold assets.
79 81 Alexander Street is set to benefit from the arrival of the Crows Nest Metro Station in 2024. The building is located 350m from the Stations entrance which will provide direct access to North Sydney, Barangaroo, Martin Place & Chatswood.
Key Selling Features Include:
Rare Alexander Street Freehold
350m to the Crows Nest Metro Station
80% Leased by NLA
460sqm + 8 car spaces
Huge development potential
Credible rental reversion
Diverse income stream
Favourable mixed use zoning
Excellent natural light
Fully Leased Net income: $210,000 + GST
Fully Leased Net market income: $250,000 + GST
Diminishing supply of freehold
For more information or to understand when the scheduled inspection times are please contact Nick Lowry from CI Australia on 0408 891 376.
