Investment | Retail

Property ID: 240591

 

SOLD!!

Level GF, 5/155 Castlereagh Street, Sydney, NSW 2000

LOCATION
This shop is located on the ground floor of an arcade as part of 155 Castlereagh Street in the beating heart of Sydney's CBD.
This space sees foot-traffic of 2 million people every year.
Located in Citisite House, bounded by Castlereagh, Park, Pitt and Market Streets. The building comprises ground floor and twelve upper office levels. Minutes to Westfield, courts, and Hyde Park.

SHOP 5 - STATUS
Shop 5 has 18 months left of an existing lease ending July 2018, with two option terms and 4% annual rental increases
Gross rent of $41,600 per annum + GST
Net Return of 5.7%
Outgoings = $6,418 per annum

Sold

$620,000

Mmj Real Estate - Sydney(02) 8256 0222