For sale via Expressions of Interest closing 4pm Wednesday 10 April 2024.
Barrack Place is a prime office, retail and restaurant precinct in the centre of the CBD only metres from Martin Place and the GPO, light rail and major train lines
9 Barrack Street is an eight-level heritage office building prominently positioned on the corner of York Street. The building is in close proximity to Martin Place, Wynyard Station, and the Queen Victoria Building. The lifts and foyer have been recently upgraded.
The Basement at 9 Barrack Street features a New York-style cocktail bar and restaurant called “Employees Only”. Cocktails by the masters, a New York-inspired menu, and signature tarot readings until the early hours. Executive Chef Richard Duff’s New York Bistro-inspired menu gathers from French, Italian, and Australian influences
The Ground floor cafe at 9 Barrack Street, AP Bakery, serves amazing coffee and delicious porchetta rolls, fresh bread, pizzas, croissants, and other sweet snacks.
Merrivale plans to expand its hospitality precinct along York Street after recently purchasing over $200M of assets in the Barrack and York precinct
Level 4 at 9 Barrack Street is a boutique commercial floor that offers:
- Secure private premises with lockable 3 lifts, independent air con.
- Great natural light on 2 sides, leafy treescape outlook
- Exposed ceilings, operable windows,
- Fitted with meeting room, boardroom, 4 to 5 offices
- Currently furnished with 24 desks but room for 30 desks
- Terrific opportunity for an Owner Occupier to create a bespoke fit-out
- Great rental potential if fitted to a higher standard
Offered with Vacant Possession
Current Outgoings;
Strata rates admin, $5,022.73 per quarter
Strata rates capital, $1,159.09 per quarter
Council rates, $1,095.00 per quarter
Water rates, $169.00 per quarter
Total outgoings, $7,445.82 per quarter
Total outgoings, $29,783.28 per annum
Rental Potential:
Ray White Commercial has recently leased a number of floors in this building, more information is available on request.