Office

99 Walker Street, North Sydney

99 Walker Street North Sydney, NSW Australia 2060
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
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Property Description

JLL in conjunction with Knight Frank are delighted to offer 99 Walker Street, North Sydney to the market. 


Located in the heart of North Sydney’s dynamic transformation, the property offers an outstanding opportunity to acquire a prime A Grade office asset with strong growth fundamentals and future re-development potential.



Investment Highlights

·   Significant site holding with three street frontages providing abundant natural light to the office floors and future redevelopment potential

·  Centrally located within the North Sydney CBD, at the midpoint between North Sydney Railway Interchange and the future Victoria Cross Metro Station (2024)

·  WALE of 5 years with the income underpinned by a long term lease to A3 credit rated Jemena Energy

·  Minimal expiry risk in the near term with diversification of income provided by Coles Supermarket on a long term lease

·  Partnership opportunity with ASX listed Abacus Property Group


A 50% freehold interest in 99 Walker Street, North Sydney is being offered For Sale via International Expressions of Interest closing 4pm (AEST) Thursday, 15th October 2020.

Last Updated Date: 02 Nov 2020
Rob Sewell
Rob Sewell
Head of Office Investments - Australia
Simon Storry
Head of International Investments - Australia

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Last Updated Date: 02 Nov 2020

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