Sold
SOLD BY NICK MOLONEY - 0477 545 111
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1/7 Ridge Street, North Sydney NSW 2060

Last Asking Price - $888,000

OfficeSize: n/a
Situated on the fringe of North CBD, this truly immaculate commercial strata investment has countless benefits on offer. Enjoying a pleasant leafy outlook towards Ridge street with double bi-fold doors that open up onto a private terrace drenched in sunlight. The added security of a brand-new fit out, which features an exceptionally efficient layout, new LED bar lights, black anodized framing and cleverly designed sliding pocket doors to create a generously sized boardroom, all capped off with a brand new 3 + 3 year lease to an existing medical tenant.   

Investment:

- TENANT: Dental Monitoring
- TERM: 3 + 3 years
- COMMENCEMENT: 15.10.2020
- SECURITY: 3 months gross rent increased by the rate of GST
- GROSS INCOME: $62,100.00 p.a. + GST
- UPSIDE: 3.5% increases

With a brand-new lease, brand new fit out, tightly held strata building, beautifully presented office space and topped off with a B4 Mixed use zoning, Unit 1.7 Ridge Street North Sydney is arguably one of North Sydney's best commercial strata investment properties to hit the market for 2021.

OPEN FOR INSPECTION TIMES: WEDNESDAYS & SATURDAYS - 10:15am - 10:45am

For any further information, or to obtain the marketing material, please do not hesitate to contact Nick Moloney - 0477 545 111

Inspections

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Key details

Property Type:Office
Stamp Duty:$35,295*
*These are approximate values based on available information.
Raine & Horne Commercial North Sydney

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Property history
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Property History
18 May 2021
Sold
Raine & Horne Commercial North Sydney
Listed: 06/05/2021
Transfer type: Full transfer

Suburb and property insights

Median salesMedian sales
Median Sale Price For North Sydney
$868,000
Average Age
35 years
Population
7,705
North Sydney's Property Profile
North Sydney's Occupancy

Contact agents

Raine & Horne Commercial North Sydney

Raine & Horne Commercial North Sydney

View agency details
Nick MoloneyRaine & Horne Commercial North Sydney
Please send me information on 1/7 Ridge Street, North Sydney NSW 2060
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Listing ID: 179491225. This listing has been viewed 4 times. It was first displayed on 06/05/2021 and last updated on 18/05/2021.
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