Level 11, -/250 Pitt Street, Sydney, NSW 2000

Investment | Offices | Medical

Sold

  • Property ID: 166309
  • Floor Area: 189m²
  • Land Area: 189m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 17/07/2015 189m2 189m2 Contact Agent
Sold N/A 189m2 189m2 N/A
SOLD - Top Floor Leased Investment!

Gunning Commercial is pleased to offer for sale this unique commercial office/medical suite, on the top level of the popular "Ashton Place".

With a brand new 5 year lease this is an excellent investment opportunity.

Property Details:
> 189sqm across 4 strata titles
> Configured as open plan office space with reception and consulting rooms
> High ceilings with ample natural light
> Kitchenette
> Private bathroom
> Air conditioning and water points

Lease Details:
> Rent $110,000+GST net pa
> Term 5 year lease + 5 year options
> 3% annual increases

Location:
> Situated between Park Street and Market Street
> Surrounded by Sydney's prime retail attractions including Pitt Street Mall
> Very close to bus & rail interchanges at Town Hall Station & the QVB


The property is ideal for educational institutions and training companies, it would also suit a range of commercial operators including medical practitioners, solicitors and various small/medium businesses. The property is spread over four separate titles, so there is great flexibility for investors and property traders to break up the tenancies down the track.

Sydney Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $591 ---
Retail $10274 $632 6.15%
Offices $10419 $774 7.42%
This is the average advertised price, rent and yield for Sydney, NSW 2000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Level 11, -/250 Pitt Street, Sydney, NSW 2000. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Level 11, -/250 Pitt Street, Sydney, NSW 2000. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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