Long Term Eastern Suburbs Medical Investment

37-39/35-45 spring street, bondi junction nsw

Price: Contact Agent

  • New 10 Year Lease
  • Options to 2038
  • Affluent Eastern Suburbs location

Property Details

Auction 11am Tuesday 11 September 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

New 10 year lease expiring August 2028 plus 5 + 5 year options to 2038
Long established medical practitioner, 20 yrs. in this location with extensive fit-out
Large floor area of 255 sqm plus rare 7 car spaces on-title
Prominent position within walking distance to Westfield Bondi Junction and train station
Bondi Junction: affluent Eastern Suburbs retail + commercial hub and family median income 36.3% above state average
Prime top floor position with expansive city & harbour views
Recent high levels of commercial to residential conversions creating lack of premium commercial premises
B4 Mixed Use Zoning allowing potential conversion to residential development (STCA)
Net lease – tenant pays all usual outgoings
Attractive 3% fixed annual rental increases
Easily managed single tenant investment
Net Income: $127,938 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 255 sqm
Land Size 357 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003354

Thank you for showing interest in us.

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

Similar Properties

  • Sold
    Bulk Supermarket / Wholesale Food Barn on Edge of CBD Location

    5 brewery lane, tamworth nsw

  • Sold
    Caltex Service Station, 25 Year at this Address – 10 Year Lease with Rent Paid Annually in Advance

    2 bellevue road, forresters beach nsw

  • Sold
    Govt. Leased Investment Modern Office Building

    21-29 william street, orange nsw