CI Australia are delighted to offer for sale two fully leased strata titles in Chuter Place, 42 – 60 Victoria Street, McMahons Point.
The two strata titles (Lots 1+2 SP 20530) comprise of a refurbished art deco freestanding building leased entirely to Southern Star Entertainment Holdings known as Endemol Shine Australia, a subsidiary of Endemol.
The strata plan (Lots 1 – 8, SP 20530) comprises of three 2 storey and one 3 storey buildings with a total of eight strata units, across 4,982sqm of land in the desirable McMahons Point precinct.
42 - 44 Victoria Street is a two story office building situated on an elevated corner and has a total Net Lettable Area (NLA) of 1,178sqm, with parking for 20 cars.
Key Investment Highlights Include:
- Impeccable Fully Leased Stand Alone Art Deco Strata Building.
- Strata Area: 1,178sqm + parking for 20 cars.
- Long term lease to Southern Star Entertainment Holdings a subsidiary of Endemol.
- Extensive Recent Refurbishment
- Highly desirable & supply constrained McMahons Point Location.
- 4% Fixed increases each anniversary.
- Net Income: $740,000 + GST approx
To arrange an inspection or for further information on this unique opportunity please contact the Exclusive Sales Agent.