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51 Mount St 6,458 SF 100% Leased Office Building North Sydney, NSW 2060 For Sale
Investment Highlights
- Prominent freehold property on a high-exposure corner in North Sydney CBD.
- Located within North Sydney’s core commercial precinct, surrounded by premium office towers, retail amenities, and hospitality venues.
- Positioned at the intersection of Mount Street and Pacific Highway, offering exceptional visibility and exposure to high traffic.
- Approximately 230 meters from North Sydney Train Station, ensuring seamless access to Sydney CBD and the wider metropolitan network.
Executive Summary
51 Mount Street offers a rare opportunity to acquire a landmark freehold property in the heart of North Sydney’s revitalized commercial precinct. Positioned on a prominent corner at Mount Street and Pacific Highway, this heritage building combines historic character with modern adaptability. The property spans approximately 600 m² across multiple levels and includes a flexible rooftop terrace, providing scope for future enhancements (STCA).
Currently partially leased to Subway on the lower ground floor, the asset delivers immediate income of $235,000 + GST annually, while two upper floors remain available for occupation or additional leasing upside. The site benefits from a 20-meter frontage, abundant natural light, and zoning that supports a wide range of uses including retail, food and beverage, medical, and commercial (STCA).
Currently partially leased to Subway on the lower ground floor, the asset delivers immediate income of $235,000 + GST annually, while two upper floors remain available for occupation or additional leasing upside. The site benefits from a 20-meter frontage, abundant natural light, and zoning that supports a wide range of uses including retail, food and beverage, medical, and commercial (STCA).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,458 SF
Building Class
C
NOI
$226,051 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,153 SF
Building FAR
2.56
Lot Size
0.06 AC
Amenities
- Natural Light
- Air Conditioning
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51 Mount St
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