801/83 Mount StreetNorth Sydney NSW 2060
Property Details for 801/83 Mount St, North Sydney
801/83 Mount St, North Sydney is a 0 bedroom, 0 bathroom Unit with 1 parking spaces. The property has a land size of 761m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (April 2021)
Situated in undoubtedly the highest quality commercial strata office building in North Sydney, this off market opportunity is one that does not come round very often. With an existing lease in place and just over 1 year remaining +1-year option, Suite 801 is poised to provide an existing income stream with the option to move in at the desired time frame; or lease out for a further term when desired. The flexible floor plan suits a wide range of industries & floor to ceiling windows which provide endless natural light through the suite.
Investment:
- TERM: 2 + 1 YEARS
- GROSS INCOME: $40,921.09 p.a. + GST + OSR Levy
- NET INCOME: $29,332.67 p.a. + GST
- UPSIDE: 3.5% annual increases
83 Mount street is placed in the beating heart of the ever-changing North Sydney CBD, and soon to be taking full advantage of this modernizing commercial CBD. Immediate access to public transport, almost adjacent to some of North Sydney's landmark developments, 83 Mount street is set to be a part of a vibrant energetic and fast paced atmosphere that is the new North Sydney CBD.
OPEN FOR INSPECTION: Inspection by appointment.
For any further information or to organize a private appointment to view the property, please contact Nick Moloney - 0477 545 111.
Property History for 801/83 Mount St, North Sydney, NSW 2060
- 28 Jan 2021Sold for $750,000
- 27 Nov 2020Listed for Sale Offers Over $750,000
- 15 Nov 2017Sold for $663,000
Recent sales nearby
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0About North Sydney 2060
The size of North Sydney is approximately 1.5 square kilometres. There are 21 parks, covering nearly 7.7% of the total area. The population of North Sydney in 2016 was 7705 people. By 2021 the population was 8964 showing a population growth of 16.3% in the area during that time. The predominant age group in North Sydney is 30-39 years. Households in North Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Sydney work in a professional occupation.In 2021, 36.30% of the homes in North Sydney were owner-occupied compared with 37.80% in 2016.
North Sydney has 8,174 properties. Over the last 5 years, Houses in North Sydney have seen a -7.39% decrease in median value, while Units have seen a -4.36% decrease. As at 31 July 2026:
- The median value for Houses in North Sydney is $2,934,308 while the median value for Units is $1,194,423.
- Houses have a median rent of $1,275 while Units have a median rent of $820.
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