• For Sale
  • Office
Secure Medical Investment – 5%+ net return
Secure Medical Investment – 5%+ net return
Secure Medical Investment – 5%+ net return
Secure Medical Investment – 5%+ net return
Secure Medical Investment – 5%+ net return
Secure Medical Investment – 5%+ net return
Secure Medical Investment – 5%+ net return
Secure Medical Investment – 5%+ net return
Suite 1 in 20 Young Street is a well exposed ground floor office that offers a flexible, open and regularly-shaped floorplate that has well-exposed street exposure to Young Street. The property is leased to “Elite Dentistry”, a reputable dental clinic, on a secure 5 + 5-year lease.

Key Highlights:
•$101,833.82 + GST Net Income (as @ 1 May 2020)
•Secure 5 + 5 year lease to medical tenant
•Regularly-shaped open floorplate
•Full medical fit out recently completed; floating timber floorboards throughout
•2 secure underground car spaces (on title)
•Metres from Neutral Bay Junction Bus Stops, servicing the major CBDs and metropolitan surrounds
•In close proximity to an abundance of public, retail and recreational amenity
•Underlying B4 mixed use zoning; Neutral Bay Planning Study currently being undertaken by North Sydney Council to potentially increase density and height

For further information and or to arrange an inspection, please contact:

Tom Appleby
+61 405 693 696
Tom.Appleby@colliers.com

Features

01_NetIncome
Net Income
$101,833.82
18_FlexibleFloorPlans
Flexible Floor Plans
NLA: 152 m²
58_Car
Car
2 secure car spaces
5a_Timeframes
TimeFrames - Lease Term
Secure 5+5 year lease

Property Details