Investment For - 402 Sqm + Car Space + Storage
1, 263 Clarence Street, Sydney, NSW 2000
- 402 sqm Whole Floor + Car Space with stacker + storage area
- Investment Floor
- Impressive fitout with reception, meeting room, boardroom, 4 executive offices, kitchen, 2 storerooms, utility area and open plan area for over 20 workstations
- Great natural light with outlook onto Clarence Street
- Close to Town Hall, QVB and mayor transport links
Tenancy details
Lease Term: short term lease in place
Original commencement: 1st February 2014
Gross annual rental: $197,340 + GST
Rent review: 3% for Feb 2018
Note: Lot 22 Storage area has not been rented out
Gross Rent: $197,340
Less outgoings: $59,576
NET RENTAL: $137,764
ASKING PRICE: $3,250,000
NET YIELD : 4.2% approx.
Location
263 Clarence Street is situated on the western side of Clarence Street, between Market and Druitt Streets. This property is in the fast redeveloping western precinct of the Central Business district. 263 Clarence Street is conveniently located to the Town Hall bus/rail interchange, the QVB and Pitt Street Mall Shopping precinct as well as Cockle Bay/Darling Harbour. 263 Clarence Street also provides easy access to the Harbour Bridge and Western Distributor.
Call Robin 0426 251 234
Email: robin@bdowling.com.au
All areas and figures 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: 457