Office property investment at Chatswood sold at auction

Office property investment at Chatswood sold at auction
Staff reporterNovember 1, 2016

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.

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