CONTRACTS EXCHANGED
Rare opportunity to require a Superb Botanic garden facing suite
- 118 sqm front suite
- Superbly fitted commercial space
- Reception, large boardroom with views, open plan area and a private executive office
- Internal kitchen facilities
- Internal Shower
- Storage area
- Fully cabled
- Internal Air conditioning
- High ceilings
- Water & Botanic Garden Views
- Iconic CBD building with classic heritage features
- British Medical Association House built c1920
- Impressive lobby with decorative terrazzo floor
- Highly coveted CBD location near Circular Quay
- Close to Martin Place and Wynyard Stations
- Walking distance to Sydney's famous Opera House
- Minutes to Queen's Square and Sydney Eye Hospital
BMA House is a superb art deco heritage building built in the 1930s in a prime Macquarie Street location. The property has a 'never to be built out' view over the Botanic Gardens between Bridge and Bent streets, close to Circular Quay with easy access to both the eastern suburbs and the harbour bridge. The building is just a short walk to Martin Place station and even closer to the new Hunter Street station presently under construction.
Lease until - 28th Feb 2026
Term - 3 years
Annual increases - 3% or CPI whichever is greater.
Tenant - Details on request
Annual Office Rental - $116,208 + GST
Less Outgoings
Council Rates - $1,994.27 per year
Water Rates - $83.72 per year
Strata Levies - $21,212.40 per year
Total outgoings - $23,290.39 pa
Net rent - $92,917.61 p.a.
Net yield 3.5% (approx.)
Asking $2,596,000 (To be sold as a going concern)
To be sold via private treaty as a going concern
Exclusive agents:
Brian 0412 218 193 or Email: brian@bdowling.com.au
Robin 0426 251 234 or Email: robin@bdowling.com.au
The information herein has been supplied to us. In passing the information on, it should be noted we so without any representation on our part to its truth or accuracy. All interested parties should make their own enquires, and obtain their own independent advice, in order to verify the information.
