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

Investment - Fitted Suite + Car Space - Water Views Close to Barangaroo

- 111 sqm office space + Car Space

- Large open plan work area, 2 offices, kitchen, 2 bathrooms with showers with, 2 x balconies one overlooking internal courtyard and one overlooking Barangaroo and Darling Harbour

- Secure intercom access with potential for Residential conversion

- Secure basement car space included

- Close to Sydney's premier new commercial and retail precinct, Barangaroo

- Close to Wynyard Station, Barangaroo Station and the King Street Wharf ferry terminal

- To be sold via private treaty


Tenants details:-
Tenant : Details available on request
Start date : 1st Oct 2021
Term : 2 Years
Option : 1 Year
Annual Increase : 3%
Gross Rental : $60,000 + GST

Outgoings:
Council Rates : $674 per quarter approx.
Water Rates : $155.60 per quarter approx.
Strata levies : $1,658.45 per quarter approx.
Strata Parking : $307.65 per quarter approx.
Parking Levy : $2,000 annual approx.
Total $13,182.80

To be sold via treaty

Asking Price $1,500,000 (To be sold as a going concern)

Approx. Net Yield : 3.1%


Brian 0412 218 193 or Email: brian@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.

Property Code: 882
Address Suite 34,/110 Sussex Street, Sydney
Price $1,500,000 (to be sold as a going concern)
Property Type Commercial
Property ID 67
Category Offices, Medical/Consulting, Other

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Brian Dowling

02 9223 0891
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