7, Grd, 123 Clarence Street, Sydney, NSW 2000

Offices

Sold

  • Property ID: 225622
  • Floor Area: 104m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 13/06/2017 104m2 N/A Contact Agent
Investment Suite For Sale - 104 Sqm - Great...

- 104 sqm
- Investment suite 'leased until Oct 2019'
- Fitted suite with reception area, 2 offices and open plan area
- Great natural light
- Close to Wynyard and Barangaroo

123 Clarence Street is a seven storey office building located on the western side of Clarence Street between Barrack and Erskine Streets. The body Corporate have just completed a refurbishment of the building's foyer, lifts and toilet facilities. Wynyard Bus/rail interchange minutes away in York Street and Barangaroo.

Tenancy Status
Lease Term : 3 + 3 years
Commencement : Nov 2016
Gross Rental : $59,106.67 + GST

Less Outgoings (Paid by the landlord)
Council Rates : $TBC
Water Rates : $TBC
Strata Levies : $TBC
Total Outgoings p.a. (approx.) $16,000
Rental Reviews : TBC%

Less Annual Incentive
First month rent free per year in term 1

NET RENTAL : $43,106.67
ASKING PRICE : $820,000
NET YIELD : 5.25% (approx)

Call Robin Simpson 0426 251 234

Email: robin@bdowling.com.au

Property Code: 431

Sydney Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $10619 $624 5.88%
Industrial --- $591 ---
Offices $10528 $769 7.30%
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 7, Grd, 123 Clarence 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 7, Grd, 123 Clarence 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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