1 Bayswater Street DRUMMOYNE
LEASED FREESTANDING COMMERCIAL INVESTMENT FOR SALE

Located in one of Inner West Sydney’s most highly desirable, and tightly held pockets, with a historic and undeniable charm that exudes affluence, Drummoyne and its character offer an aura like no other.

Approximately 7 kms west of the Sydney CBD and situated upon the western side of Bayswater Street at its north-western intersection with Lyons Road. The commercial tenant is a 247sqm* ophthalmological (eye) consulting practice spanning across 2 levels, with a lease until 31 October 2025.

This quality commercial asset has a complete medical fit out split over two levels including:
- Warm reception and large waiting areas
- Multiple executive offices and consultation rooms with abundant natural lighting
- Kitchen/sterilisation area
- Private amenities on each floor including shower/bath/laundry
- Two secure designated onsite parking with free street parking

Leased - $108,915.48 + GST Net Rent PA
Expiry – 31 October 2025
Rent Reviews – Greater of 3% or CPI
Outgoings - Estimated $9,309 + GST pa 100% payable by the tenant
Zoned R3 - Medium Density Residential
FSR - 0.5:1
Maximum Height of Building not to exceed - 8.5m
Canada Bay Local Environmental Plan 2013

Within minutes’ walk to cafes & restaurants, retail & other amenities, parks, major arterial Victoria Road, frequent bus routes and Drummoyne Ferry Wharf.

The property is offered for sale via an Expressions of Interest (EOI) campaign. Interested parties are invited to submit an EOI to the exclusive agent by 5pm Tuesday 30th of June 2020 (AEST).

A better investment cannot be found in this highly sought-after location. Viewing by appointment only. For further information and to organise your inspection, contact the exclusive agent today, this property won't last long!

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Key Information

Property ID:

501474708

PropertyType:

Medical / Consulting, Office, Office / Showroom

Office:

247.00 sqm approx

Total Area:

247.00 sqm approx

Land:

298.00 sqm approx

CarSpace:

Two (2) car spaces

Sale Price:

JUST LISTED

Outgoings:

100% payable by tenant

Available:

Now

Key Contact

ONLINE ENQUIRY


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