867-877 South Dowling Street Waterloo NSW 2017

Property Highligts:

• Prime CBD fringe investment with considerable development upside (STCA)
• Blue chip covenant to National tenant Viva Energy Australia for 10 years commencing August 2017
• Current net income of $521,088* with minimum 3.5% fixed annual increases
• Significant site area of 3,724 sqm* 
• Uplift FSR: 1.75:1**, HOB: 40 – 60m, Zoning: B4 – mixed use (residential)
• All outgoings paid by tenant including land tax on a single holding basis
• Sub lease to Coles Express and Hungry Jacks Restaurant
• Located 5.6km from Sydney CBD

*Approx.
**Subject to 10% Design Excellence Bonus

FOR SALE BY PUBLIC AUCTION