Office

2-14 Elsie Street, Burwood

2-14 Elsie Street Burwood, NSW Australia 2134
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area ()

Property Description

JLL together with CBRE are pleased to offer for sale 2-14 Elsie Street, Burwood.


Conveniently situated in the heart of Burwood, the asset presents investors with a rare opportunity to acquire a 100% NSW Government leased Metropolitan Sydney office asset with exceptional future value-add potential.

Investment Highlights

Key investment highlights include:


  • 6,401.8sqm of NLA fully Leased to AA+ credit rated NSW Government
  • Favourable net lease structure with strong 4% annual fixed reviews
  • Flexible B4 Mixed-Use zoning provides potential for various future uses up to 60 metres in height (STCA)
  • Surrounded by critical infrastructure including Burwood Train Station and Westfield Burwood within 250m walk and the forthcoming Burwood North Metro Station 
  • Net passing income of $3.06m p.a (plus GST)
  • Tightly held, low supply market with Government occupying 85% of immediate precinct provides limited available competing leasing stock
  • 5.0 star NABERS energy rating


2-14 Elsie Street, Burwood is being offered for sale by International Expressions of Interest closing Thursday 17th June 2021 at 4:00pm (AEST).


For further information or to arrange an inspection, please contact the exclusive selling agents.

Last Updated Date: 03 Jun 2021
Luke Billiau
Luke Billiau
Head of Capital Markets - NSW
Mitch Noonan
Director

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Last Updated Date: 03 Jun 2021

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