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.
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!
BrochureVirtual TourVideoFloor Plans
Medical / Consulting, Office, Office / Showroom
247.00 sqm approx
247.00 sqm approx
Two (2) car spaces
Offers over $2,400,000
100% payable by tenant