Leased to Dec. 2018 to blue chip tenant.
2 x 5 year options extending to 2028.
Fixed 5% annual increases - $366,501 net in 2018.
Landmark building with dual street access.
10m frontage to Oxford Street.
Building area 268sqm plus on site parking.
Tenant pays all outgoings as per lease.
Current Net Income (as at 12-12-13): $301,521pa + GST.
For sale in Burgess Rawson Portfolio Auction 84 on:
Tuesday 29 October 2013 at 2:00pm AEDT
50 Margaret Street, Sydney
For more information on this property and other auction listings visit:
Michael Gilbert 0430 024 790
Simon Staddon 0413 640 851
Allan Levy 0400 999 888
|Gross Building Area