Circa 8% Net Yield - Leading Australian Law Firm Tenant
9 Strata Lots, 6-8 Holden Street, Ashfield NSW 2131
Auction 15/05/24
OfficeSize: n/a
Burgess Rawson is pleased to offer to the market 6-8 Holden Street (9 Strata Lots), Ashfield NSW for sale via our Investment Auction Portfolio 168.
The property has the following key investment highlights:
+ Longstanding, household name legal tenant, boasting over 14 years of occupancy in these premises
+ Fixed 3.5% annual rent increases, ensuring compounding rental growth
+ Expansive 715.5 sqm* building area including 12 basement security car spaces
+ Leased to highly reputable Slater and Gordon founded in 1935 with 40+ offices Australia-wide. Owned by Allegro Funds, one of Australia's largest PE funds.
+ Impressive modern fitout over two internally connected floors
+ Comprises 9 adjoining strata lots allowing possibility for future separation and value uplift
+ Modern premises conveniently located approximately 100m to Hume Hwy, 350m to Ashfield Station and adjacent to the recently refurbished Ashfield Mall
+ Ashfield comprises 30% more professionals and 13.5% higher median household income than national average
+ Net Income: $300,707 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
*Approx
The property has the following key investment highlights:
+ Longstanding, household name legal tenant, boasting over 14 years of occupancy in these premises
+ Fixed 3.5% annual rent increases, ensuring compounding rental growth
+ Expansive 715.5 sqm* building area including 12 basement security car spaces
+ Leased to highly reputable Slater and Gordon founded in 1935 with 40+ offices Australia-wide. Owned by Allegro Funds, one of Australia's largest PE funds.
+ Impressive modern fitout over two internally connected floors
+ Comprises 9 adjoining strata lots allowing possibility for future separation and value uplift
+ Modern premises conveniently located approximately 100m to Hume Hwy, 350m to Ashfield Station and adjacent to the recently refurbished Ashfield Mall
+ Ashfield comprises 30% more professionals and 13.5% higher median household income than national average
+ Net Income: $300,707 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
*Approx
Inspections
No open inspections scheduled.
Send an enquiry
Contact Rhys Parker to learn more about this property, request an inspection or take an online tour.
Auction
Wednesday 15 May, 10:30am
Yallamundi Rooms, Sydney Opera House
Key details
Property type:
Office
Other Details
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SummaryMedian sales
Average Age
37 years
Population
23,012
Listing ID: 182422993. This listing has been viewed 0 times. It was first displayed on 04/04/2024 and last updated on 29/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.