"Buy or Lease from the Sydney C.B.D. office specialists"

Investment Suite - 114 Sqm - Core CBD Location

- 114 Sqm

- Investment opportunity

- Combining units 35 + 36, but on separate titles

- Fitted out modern office space with reception area, multiple offices and meeting rooms

- Freshly repainted and carpeted earlier this year

- Individually A/C controlled

- Corner location with windows on two sides

- Great natural light and outlook onto Hosking Place

- Opportunity for private onsite parking

- Rooftop terrace

- Close to Martin Place, Circular Quay and major transport links

- Sydney CBD Core

 

Tenancy Details
Lease Term : 3 years
Option : 3 years
Tenant : Details on request
Commencement : 14th May 2016
Expiry : 13th May 2019
Rent Reviews : CPI
Office Rental : $71,338.04 + GST per year

Less Outgoings - Units Combined
Council Rates : $2,556.07 p.a.
Water Rates : $196.86 p.a.
Strata Levies : $12,262 p.a.
Total $15,014.93 p.a. (approx.)

 

Summary

Net Rental: $56,323.11

Asking Price: $1,539,000 (To be sold as a going concern)

Net Yield: 3.65% (approx.)

 

Robin Simpson 0426 251 234 or Email robin@bdowling.com.au

 

All areas are approx. only. The information herein has been supplied to us. In passing the information on, it should be noted we so without any representation on our part to its truth or accuracy. All interested parties should make their own enquires, and obtain their own independent advice, in order to verify the information.

Suburb Sydney
Address Suite 35 & 36, Level 7, 88 Pitt Street,
State NSW
Price SOLD
Property Type commercial
Property ID 543
Category Offices
Land Area 114 m2
Office Area 114m2

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Robin Simpson

0426 251 234
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