904/83 Mount StreetNorth Sydney NSW 2060
Property Details for 904/83 Mount St, North Sydney
Last Listing description (April 2017)
Situated within North Sydney s best strata complex, suite 904/83 Mount Street provides an exceptional commercial investment opportunity with a long-term lease in place. As a result of recent building upgrades inclusive of building foyer, common areas, bathrooms, Air-conditioning and major services through-out the building, minimal capital-expenditure contributions are expected moving forward.
- TENANT: Professional Super Advisors Pty Ltd
- TERM: 5 + 5 years
- SECURITY: $15,221.25 cash bond and personal guarantees
- INCOME: $53,250.00 p.a. + GST Gross income as at lease commencement
- OUTGOINGS: $14,882.08 p.a. + GST where applicable (inclusive of the tenant s contribution toward the OSR parking levy)
- UPSIDE: 4% annual increases and market review or 4% (whichever the greater) at the exercise of the option. Tenant responsible for increases in outgoings over the base year.
Located in the centre of North Sydney CBD, 83 Mount Street is in a key position to take advantage of public amenities, including but not limited to caf s & restaurants, financial institutions, Greenwood Plaza, North Sydney station and more.
For sale via public auction:
10:30am Tuesday 14th February 2017
Auction Works: Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
To obtain an information memorandum, further property details or arrange inspection via appointment, please contact Nick Moloney.
Property History for 904/83 Mount St, North Sydney, NSW 2060
- 27 Jan 2017Sold for $590,000
- 16 Jan 2017Listed for Sale SOLD PRIOR TO AUCTION
- 14 Jun 2016Listed for Rent - Price not available
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 8,175 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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