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99 Alexander St 12,551 SF 100% Leased Office Building Crows Nest, NSW 2065 $5,682,480 ($452.76/SF) 6.92% Cap Rate



Investment Highlights
- Prime location just 400 m from Crows Nest Metro Station and close to major retail amenities
- Already strata subdivided, providing future flexibility and multiple exit strategies
Executive Summary
99 Alexander Street, Crows Nest presents an exceptional opportunity to acquire a fully leased office building in one of Sydney’s most sought-after Lower North Shore commercial hubs. Offering 1,166 m² of premium office accommodation across three levels, the property is supported by 15 secure basement car spaces and rear-lane access, ensuring convenience for tenants and visitors alike.
Currently generating a strong net rental income of $553,653 per annum plus GST, this asset provides investors with immediate income security and long-term flexibility. The building is already strata subdivided, allowing for multiple exit strategies and future resale opportunities. Its divisible layout accommodates up to 11 suites ranging from 35 m² to 157 m², appealing to a broad tenant profile and enhancing leasing resilience.
Strategically located just 400 meters from the soon-to-open Crows Nest Metro Station and within walking distance to major retail amenities including Woolworths, Coles, and Holtermann Street Council Car Park, the property offers outstanding connectivity and convenience. With its double 13.5-meter frontage and prime position in a thriving commercial precinct, 99 Alexander Street represents a rare chance to secure a high-performing, future-proof investment in a blue-chip location.
Currently generating a strong net rental income of $553,653 per annum plus GST, this asset provides investors with immediate income security and long-term flexibility. The building is already strata subdivided, allowing for multiple exit strategies and future resale opportunities. Its divisible layout accommodates up to 11 suites ranging from 35 m² to 157 m², appealing to a broad tenant profile and enhancing leasing resilience.
Strategically located just 400 meters from the soon-to-open Crows Nest Metro Station and within walking distance to major retail amenities including Woolworths, Coles, and Holtermann Street Council Car Park, the property offers outstanding connectivity and convenience. With its double 13.5-meter frontage and prime position in a thriving commercial precinct, 99 Alexander Street represents a rare chance to secure a high-performing, future-proof investment in a blue-chip location.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,551 SF
Building Class
C
Price
$5,682,480
Price Per SF
$452.76
Cap Rate
6.92%
NOI
$393,265
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
4,184 SF
Building FAR
2.33
Lot Size
0.12 AC
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99 Alexander St
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