Premium Freehold Investment With Long Term Lease To Aje
Address
532 Riley Street, Surry Hills
NSW
Area
760.00 m²
Details
Mercer Property are proud to present to the market for sale 532 Riley Street, Surry Hills.
Meticulously crafted by the award-winning Byron Bay based, Those Architects, and a finalist in this years Australian Interior design awards for best workplace, 532 Riley Street in Surry Hills has been re developed and converted into a highly functional, inspiring creative office & showroom space. This fantastic property offers purchasers the opportunity to acquire a well-leased freehold investment in one of Sydneys most tightly held city fringe destinations. The property is perfectly positioned for investors seeking a unique investment set within the epicentre of Sydneys fashionable digital and tech landscape. The property provides the perfect platform for investors seeking a world-class urban premises with exceptional design pedigree and state-of-the-art facilities.
Leased to International Fashion Retailer A.J.E, the property is an architectural masterpiece, consisting of multiple work-zones. Holding a striking facade with three street frontages and prominent entry via the converted Riley Street walkway, this remarkable building enjoys relaxed winter garden and terrace areas and a light-filled atrium that provides seamless connectivity between two stunning levels. Adorned with designer interiors across an impressive 760sqm of space, it makes for an exceptionally stylish HQ.
Investment particulars as follows;
- 100% freehold interest
- Net Income - $684,143.67 per annum
- Land Area - 427 sqm
- Building Area - 760 sqm
- Annual Increase - 4.00%
- 6-year lease term (commencement - 30 December 2020)
For further information or an IM, please contact the exclusive agents:
Meticulously crafted by the award-winning Byron Bay based, Those Architects, and a finalist in this years Australian Interior design awards for best workplace, 532 Riley Street in Surry Hills has been re developed and converted into a highly functional, inspiring creative office & showroom space. This fantastic property offers purchasers the opportunity to acquire a well-leased freehold investment in one of Sydneys most tightly held city fringe destinations. The property is perfectly positioned for investors seeking a unique investment set within the epicentre of Sydneys fashionable digital and tech landscape. The property provides the perfect platform for investors seeking a world-class urban premises with exceptional design pedigree and state-of-the-art facilities.
Leased to International Fashion Retailer A.J.E, the property is an architectural masterpiece, consisting of multiple work-zones. Holding a striking facade with three street frontages and prominent entry via the converted Riley Street walkway, this remarkable building enjoys relaxed winter garden and terrace areas and a light-filled atrium that provides seamless connectivity between two stunning levels. Adorned with designer interiors across an impressive 760sqm of space, it makes for an exceptionally stylish HQ.
Investment particulars as follows;
- 100% freehold interest
- Net Income - $684,143.67 per annum
- Land Area - 427 sqm
- Building Area - 760 sqm
- Annual Increase - 4.00%
- 6-year lease term (commencement - 30 December 2020)
For further information or an IM, please contact the exclusive agents:
