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.
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.