Offices

Property ID: 242801

 

Investment Suite - 111 Sqm - Quality Fitted Suite

706, Level 7, 109 Pitt Street, Sydney, NSW 2000

- 111 sqm

- Investment Suite

- Reception, boardroom, 3 offices, coms room, workstations with building storage and great natural light

- Ducted air-conditioning

- Kitchen and bathroom facilities on the floor

- Shower facilities

- 24 hour security access - Parking available in the building

- Above Hunter connection with direct access to Wynard and Barangaroo

- Great local in the heart of Sydney's CBD



Tenancy

Tenant : Details available on request

Term : 3 + 3 years

Commencement : 1st Sept 2015

Rental Reviews : 4%

Gross Rental : $87,041.76 + GST



Less Outgoings (Paid by the landlord)


Council Rates : $2,457.06

Water Rates : $46.80

Strata Levies : $16,982.80

Total Outgoings p.a. (approx.) $19,982.80



NET RENTAL : $67,555.10

ASKING PRICE : $1,332,000 – Sold as going concern

NET YIELD : 5.07% (approx)


109 Pitt Street offers a unique opportunity for small to medium sized businesses to lease a prestige office suite in the very heart of Sydney's CBD.


This totally refurbished building, fastidiously renewed using quality finishes and upgraded services combines outstanding quality, prime location with affordable pricing.
A prime location in the heart of Sydney's financial and core business precinct, Randstad House is situated between Hunter Street and Martin Place and is the first building accessed via the Wynyard underpass from Wynyard Rail Station. Ideally located close to Sydney Stock Exchange, restaurants and the entertainment precinct of Circular Quay, Select House is easily accessed by car, rail, ferry and bus services. Convenient valet parking is p...

Sold

$1,332,000

Robin Simpson