Office property investment at Chatswood sold at auction
Staff reporterDecember 7, 2020
A property investment at Chatswood has been sold at an auction.
Located at 301/7 Railway Street, Chatswood, it has a freshly renewed three year lease that expires on August 2019 with options to extend.
It is leased to Myhealth Medical Centres as its head office premises.
It is an ultra-modern Chatswood CBD building located adjacent railway station.
It is an easily managed investment with an annual rent increase to greater of CPI or 3% with a net income of $67,200 per annum plus GST.