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.
Property Code: 551