Significant Trophy Freehold Asset

Address

19a Boundary Street, Darlinghurst
NSW

Size

Total Area
6480 m2

Details

- 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;

Mercer Property:
Tom Speakman (+61) 412 891 330
Matt Davoren (+61) 410 488 437

CBRE:
Harry George (+61) 408 061 988

Contact the agent

Email Agent