Property Details
Under Contract
100m2 office with 3 secure basement car spaces on title.
An ideal opportunity for private investors to acquire a trouble free investment with a new 5 + 5 + 5 lease commencing 1st January 2018 occupied by Sydney Child Psychology Centre.
Easy to manage, this Strata Title office is located on the top floor with district views over the tree tops towards the harbour.
Located in Mosman's premier office building housing medical, dental and professional owner-occupiers and tenants.
After a major refurbishment the building was converted to Strata Title in 2004 and quickly proved popular.
The building is located within easy walking distance to Cremorne Town Centre.
Public transport is at the door including the new B-line bus.
Gross Income $57,600.00
Outgoings (Council Rates $1,692.19, Water Rates Nil, Land Tax (LV$283,715) Nil, Strata Levy $14,899.09)
Net Income $41,008.72
Price $820,000
Yield 5%
Inspect by Appointment Only
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“- Strata office 100sqm - + 3 car spaces on Title - Fresh 5 + 5 + 5 lease, commencing 1/1/2018 with 3% annual increases - Gross Rent $57,600 p.a. - Net Rent $41,008.72 - Yield 5% Net”
