42-44 Victoria Street, Mcmahons Point, NSW 2060

Offices

Sold

  • Property ID: 233769
  • Floor Area: 1178m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 13/12/2016 1178m2 N/A Contact Agent
CREATIVE CORPORATE HQ LEASED TO SOUTHERN STAR

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.

Mcmahons Point Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7602 --- ---
Retail --- $909 ---
Industrial $7602 --- ---
This is the average advertised price, rent and yield for Mcmahons Point, NSW 2060*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 42-44 Victoria Street, Mcmahons Point, NSW 2060. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 42-44 Victoria Street, Mcmahons Point, NSW 2060. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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