Drummoyne, NSW
Purchased via Negotiation
Blue-Chip Commercial Investment
Our client engaged us to identify and secure a premium commercial investment in Sydney, with a strong tenant profile and long Weighted Average Lease Expiry (WALE). Over a three-month period, we analysed more than 20 opportunities before narrowing in on this high-performing asset in Drummoyne, a tightly held pocket of Sydney’s Inner West.
Key Outcomes:
- Purchase Price: $2 million
- Net Yield: 5.9%, with fixed annual rental increases
- WALE: 5 years
- Tenant: In occupation for over 15 years
This acquisition delivered our client a secure, income-generating asset with long-term stability and growth potential.
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