This is a unit located in 10/SP79877 North Sydney NSW. The local council is North Sydney, featuring 1 bedroom and 1 bathroom.
High Yield, Affordable Price - Stylish Near New Office Investment! Enjoying a tranquil position away from the hustle and bustle of North Sydney CBD, One Cassins Avenue offers the best of both worlds with transport and amenities within close proximity and ample on street parking for clients. Boasting flawless finishes and impressive common areas this 68.5sqm suite will impress both employees and clientele alike. The near new building offers the latest in office accommodation and peace of mind security.Leased to Mandarin Oriental Services, a company owned by Mandarin Oriental Hotels , Hong Kong who own 5 & 6 star hotels throughout the world. With a secure lease until 30 November 2016 this property offers a secure income stream making it perfect for self managed super funds.Property Features:- 68.5sqm + 1 car space- Controllable air-conditioning- Internal kitchenette- 24 hour Intercom security access- Common shower facilitiesInvestment Features:- Net Rent of $26,205 pa + GST ($330/sqm p.a. + parking)- Tenant pays all outgoings- Annual increases of 4%- Cash deposit equal to 6 months initial gross rental + GSTOffers Over $350,000 - Up To 7.5% Net Return!