Renewed 5 Year Lease to Established Tenant | Booming Surry Hills Location

517-527 Elizabeth Street , Surry Hills NSW

Property Highlights

Renewed lease to established tenant
Booming Surry Hills location
Wide frontage to busy Elizabeth Street


Established tenant in prime location Surry Hills: soon to host Atlassian HQ + many other hi-tech businesses
Plus separate restaurant, just leased on 3 + 3 terms
280 sqm property area + parking space on title
Net leases – tenants pay all outgoings (as per lease)
Valuable depreciation allowances – 6 year old building

Renewed 5 year lease to 2025 5 year option to 2030
Net Income: $270,360 pa + GST

For Sale by Investment Portfolio Auction
Tuesday 23 February at 11am
Yallamundi Rooms, Sydney Opera House

Property Details

Current Tenant
Occupancy Type
Building Area
280 SQM


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