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

For Sale (month to month lease) - Fitted Suite - Boutique Building - O'Connell St Outlook

- 127 sqm

- Iconic 'Manufactures House'

- Short Term Investment (month to month lease)

- Combining lots 73 + 74, but on separate titles

- Fitted out modern office space with reception area, 7 offices, boardroom, storeroom and internal wet kitchenette

- Natural light on two sides with an outlook onto O'Connell Street

- Great lift exposure

- Close to Circular Quay, Wynyard, Martin Place railway stations

 

Tenancy Details

Lease term : Month to month

Tenant : Details on request

Gross Rental : $91,119.24 + GST  

 

Less Outgoings - Units Combined

Council Rates : $2,946.40

Water Rates : $549.12

Strata Levies : $24,374.52

Total Outgoings $27,870.04 p.a. (approx.)

 

Summary

Net Rental : $63,248.96

Asking Price : $1,714,500 (To be sold as a going concern)

Net Yield : 3.68% (approx.)

 

12 O'Connell Street is a prominent and attractive commercial building with excellent services and an ultra-impressive lobby entrance. This prime CBD location is very convenient to Martin Place, Wynyard and Circular Quay.

 

Call Robin 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.

Address Level 4, 12-14 O'connell Street,
Price SOLD
Property Type commercial
Property ID 551
Category Offices, Medical/Consulting
Office Area 127m2

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Agent Details

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Robin Simpson

0426 251 234
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