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Level 11/82 Elizabeth St
Sydney NSW 2000

 

$1,900,000

   
1 of 8 photos

Whole Floor Investment - 215 Sqm - Great Location

- Whole Floor 215 sqm

- Investment floor with two well-established tenants

- High level position with an outlook onto Elizabeth Street

- Both suites are well fitted out with offices, open plan work areas and wet kitchens

- Ducted air conditioning system on the floor

- Great location near Martin Place

- Close to public transport



Tenancy One – 100 sqm ‘approx.’

Tenant : Details available on request

Lease Term : 2 years

Commencement : 1st Jan 2015 (End date 30th Dec 2016)

Rental Reviews : 4.5%

Gross Rental : $44,412 plus GST



Tenancy Two - 115 sqm 'approx.'

Tenant : Details available on request

Term : 3 + 3 years

(18mth break clause if option is taken)

Commencement : 1st Feb 2015 (End date 14st Jan 2018)

Rental Reviews : 4.5%

Gross Rental : $54,000 + GST



Less Outgoings (Paid by the landlord)

Council Rates : $4,110

Water Rates : $200

Strata Levies : $29,555

Total Outgoings p.a. (approx.) $33,865



NET RENTAL : $64,547

ASKING PRICE : $1,900,000 – Sold as going concern

NET YIELD : 3.39% (approx)



82 Elizabeth Street is a 15 storey office building which is mainly occupied by the legal profession.

This property is situated on the eastern side of Elizabeth Street between Martin Place and King Street in the heart of the legal precinct. This is a prime position close to all amenties and transport facilities.



Call Robin Simpson 0426 251 234

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: 446
Property Type: Office

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Stamp Duty: $89,990

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