The property, listed exclusively by RWC Sydney North agents Scott Stephens and Logan Grisaffe, presents a rare opportunity for investors to acquire a fully leased commercial property in one of Sydney’s established harbourside precincts.
The office forms part of the recently completed Eleve Cremorne development. It includes a ground-floor 253sqm* office fitted with premium finishes, private courtyard and landscaped gardens, end-of-trip facilities, basement storage, and 11 secure undercover car spaces. The property is zoned MU1 Mixed Use.
The building is leased to Helm on a new five-year lease with three further five-year options, commencing 1 February 2026. The lease delivers a net income of $240,200 per annum + GST*, with 100 per cent of outgoings recoverable from the tenant. There are also very generous depreciation benefits available.
Scott Stephens said the property’s combination of tenant covenant and quality facilities makes it a standout in Sydney’s Lower North Shore market.
“Finished to a high standard, the premises come with a new five-year lease and options for long-term occupancy. It represents a secure investment for the right purchaser.”
Logan Grisaffe noted that the asset benefits from both its location and Helm’s track record.
“This property is leased to one of Sydney’s most recognised residential developers, with a long-term lease in place. The combination of new facilities and the tenant’s commitment provides certainty for investors.”
Helm is a privately owned Australian developer and builder, known for delivering award-winning apartment projects across Sydney. The company’s relocation to this newly completed office further demonstrates its long-term commitment to the site.
The property is located within walking distance of Cremorne Village, close to Military Road’s retail and dining offerings, and within easy reach of the Sydney CBD via road or public transport.
The auction for the property is scheduled for 10 March 2026, with interest expected from $3,600,000, reflecting a yield of approximately 6.5 per cent.
