47-97 Marlborough Street, Surry Hills

Investment highlights

• An exceptional opportunity to acquire two adjoining character filled buildings, with four sides of natural light, ideal floor plate configuration, high 4.2m ceilings, and large double hung sash windows offering stunning district views.
• Extensively refurbished over recent years, the assets are 97% leased on effective rents providing a secure and sustainable cash flow with strong rental growth.
• Prime location within the inner city’s most desirable suburb the assets benefit from excellent proximity to transportation hubs, essential infrastructure, and an array of lifestyle amenities.
• Access to Australia’s best performing office market Surry Hills which has the lowest vacancy rate of all 19 major office markets nationally at 6.8% as at Q1 2024 compared to Sydney CBD at 14.3%^
• Existing NLA 8,710sqm* plus 49 car parking spaces and end of trip facilities
• Estimated Net Income (fully leased) $3.45m*
• 5.5 star NABERS energy rating

*Approximate

^ source JLL Research

A 100% freehold interest in 47-97 Marlborough Street, Surry Hills is for sale via Expressions of Interest closing on Wednesday 12th June 2024 at 3:00pm (AEST).