$529,000 (To be sold as a going concern)

CONTRACTS HAVE NOW EXCHANGED

- 46 sqm

- Suite with internal office with large windows with good natural light

- The tenancy features the best of the Art Deco period, stylistic lines, elevated ceilings

- Near the corner of Bridge Street, 5 Minutes walk to Circular Quay



Located in the landmark "BMA Building" this well presented building would suit a medical practitioner or a general office user.


General Building

Close to all the action, a short walk to Circular Quay, Martin Place and the Domain. Beautifully maintained building in keeping with its original art deco style. This is a 15 storey office building which was constructed in 1930 and refurbished in 1990. BMA House was awarded a RIBA award in 1935 for street architecture. The property is situated between Bent and Bridge Streets opposite The Botanic Gardens.



Tenants Details

Tenant: Details available on request

Leased: 1 year

Option: None

End date: 30/11/21

Current gross Rental: $29,900 + GST



Outgoings - Lot 13

Council Rates: $188.98 quarterly

Water Rates: $18.00 per quarterly

Strata Levies: $1325.80 quarterly

Total $6,131.12 per year approx.



Net Rental: $23,768.88

Net Yield: 4.4% approx.



Asking Price: $529,000 (To be sold as a going concern)

To be sold via Private Treaty



Call Robin Simpson 0426 251 234 Or Email:[email protected]



All areas are approx. only. 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.

Property Code: 903