400 Kent Street, Sydney

A unit in 400/DP803918 Sydney NSW. The local council is Sydney, it has 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
10
Land size
1175 m2
Building size
920 m2
Council area
Sydney
Year built
n/a
Lot plan
400/DP803918 Sydney NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 29/03/2018
$111,800,000



LISTING DESCRIPTION
as of June 2010

SECURE INVESTMENT WITH GROWTH - SYDNEY CBD ??? 100% leased with a WALE of 7.5 years (approx)??? Quality covenant in Central Queensland University who occupy 90% of the property expiring 2017, with 3.75% annual increases and a ratcheted market review in 2011??? Below market rent with midterm market rent reversion??? NLA 10,461sqm (approx) with basement parking??? Net income of $3,945,000 (approx) on 1 May 2009 p.a.