Fully leased commercial building in Sydney's Hornsby up for sale via Savills
A fully rented commercial building in Sydney’s Hornsby with the NSW government as one of the tenants is up for sale through Savills.
The 110 George Street & 2a Linda Street property was completed in 2008 and comes with depreciation benefits. The building can also be made into a residential building in its next life cycle.
It offers a secure income stream with strong revenue growth potential, according to its description. The property earns a net income of $1.78 million.
Tenants include Officeworks, Midas, Australian Unity and the NSW state government.
Its current net lettable area is 4,118sqm with potential for further growth.
The building is close to public transport and Westfield Shopping Centre.
The listing agents are Matthew Dunn and Tim Grosmann of Savills.
