19 Foster Street, Surry Hills
19 Foster Street, Surry Hills was purchased for $39.5 million in March 2019 and is 100% leased to a number of quality commercial and retail tenants, including The Guardian, Bates Smart, TKD Architects, Kradrat Maharam, Wilkahn and Donaldsons Law.
The property comprises a five-level office building with dual street frontages on both Foster Street and Wentworth Avenue.
Strategically situated in Surry Hills, close to Sydney CBD, with major transport infrastructure improvements in the immediate vicinity including the Central Statement upgrade, the Sydney Metro City and South West project and the CBD and South East Light Rail expansion.
A number of office upgrades and refurbishments have recently been undertaken, including an upgraded foyer, toilets, kitchen and end of trip facilities.
The property is generating a distribution of 5%.