Office suite leased to CBA on sale in Sydney Harbour foreshore

A strata office on the Sydney Harbour foreshore leased to the Commonwealth Bank of Australia is up for sale with price expectations of more than $3 million.
The 13 Hickson Road, Walsh Bay property is close to the Barangaroo business district.
The office suite has natural finishes, exposed timber beams and a modern fit-out.
The newly executed lease is for five years with two further five-year options. The office earns $174,928 plus GST p.a. with the outgoings paid by the tenant.

The lease has provisions for annual increases that is the greater of CPI rate or 4%.
The office floor area is 232 sqm.
The listing agent is Nick Moloney of Raine and Horne Commercial.




