71 Longueville Road, Lane Cove, NSW
71 Longueville Road, Lane Cove, NSW
A prominent seven level commercial office building comprising 4,076sqm of NLA and 112 car parks. The property was bought on passing yield of 9.58% with a potential passing yield of 13% when fully leased. The building will undergo refurbishment to reposition the asset and further strengthen its profile in the market and increase building income. The properties underlying zoning also allows for residential use.
- Date: February 18, 2014