Superb Office Investment - BMA House - Macquarie Street

Suite 302/135 Macquarie Street, Sydney NSW 2000

$2,596,000 (To be sold as a going concern)

OfficeSize: n/a
Block size: 586 m² approx.
Rare opportunity to require a Superb Botanic garden facing suite

- 118 sqm front suite

- Superbly fitted commercial space

- Reception, large boardroom with views, open plan area and a private executive office

- Internal kitchen facilities

- Internal Shower

- Storage area

- Fully cabled

- Internal Air conditioning

- High ceilings

- Water & Botanic Garden Views

- Iconic CBD building with classic heritage features

- British Medical Association House built c1920

- Impressive lobby with decorative terrazzo floor

- Highly coveted CBD location near Circular Quay

- Close to Martin Place and Wynyard Stations

- Walking distance to Sydney's famous Opera House

- Minutes to Queen's Square and Sydney Eye Hospital


BMA House is a superb art deco heritage building built in the 1930s in a prime Macquarie Street location. The property has a 'never to be built out' view over the Botanic Gardens between Bridge and Bent streets, close to Circular Quay with easy access to both the eastern suburbs and the harbour bridge. The building is just a short walk to Martin Place station and even closer to the new Hunter Street station presently under construction.


Lease until - 28th Feb 2026
Term - 3 years
Annual increases - 3% or CPI whichever is greater.
Tenant - Details on request
Annual Office Rental - $116,208 + GST


Less Outgoings
Council Rates - $1,994.27 per year
Water Rates - $83.72 per year
Strata Levies - $21,212.40 per year
Total outgoings - $23,290.39 pa
Net rent - $92,917.61 p.a.


Net yield 3.5% (approx.)

Asking $2,596,000 (To be sold as a going concern)

To be sold via private treaty as a going concern


Exclusive agents:

Brian 0412 218 193 or Email: brian@bdowling.com.au

Robin 0426 251 234 or Email: robin@bdowling.com.au


The information herein has been supplied to us. In passing the information on, it should be noted we so without any representation on our part to its truth or accuracy. All interested parties should make their own enquires, and obtain their own independent advice, in order to verify the information.

Inspections

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Key details

Property type:
Office
Block Size:
586 *

Other Details

Lot:
20
Plan Type:
SP
Plan:
14172
Legal description:
20/SP14172

Maps and area information

Block information
Block size: 586 (approx)
Legal description: 20/SP14172
Block Map
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Property history

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SummaryMedian sales
Average Age
32 years
Population
16,667
Listing ID: 182364176. This listing has been viewed 3 times. It was first displayed on 11/03/2024 and last updated on 26/03/2024.
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.