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Robin Simpson
&
Brian Dowling

Brian Dowling Commercial

Suite 7, G/123 Clarence Street
Sydney NSW 2000

 

$820,000

   
1 of 2 photos

Investment Suite For Sale - 104 Sqm - Great...

- 104 sqm
- Investment suite 'leased until Oct 2019'
- Fitted suite with reception area, 2 offices and open plan area
- Great natural light
- Close to Wynyard and Barangaroo

123 Clarence Street is a seven storey office building located on the western side of Clarence Street between Barrack and Erskine Streets. The body Corporate have just completed a refurbishment of the building's foyer, lifts and toilet facilities. Wynyard Bus/rail interchange minutes away in York Street and Barangaroo.

Tenancy Status
Lease Term : 3 + 3 years
Commencement : Nov 2016
Gross Rental : $59,106.67 + GST

Less Outgoings (Paid by the landlord)
Council Rates : $TBC
Water Rates : $TBC
Strata Levies : $TBC
Total Outgoings p.a. (approx.) $16,000
Rental Reviews : TBC%

Less Annual Incentive
First month rent free per year in term 1

NET RENTAL : $43,106.67
ASKING PRICE : $820,000
NET YIELD : 5.25% (approx)

Call Robin Simpson 0426 251 234

Email: robin@bdowling.com.au

Property Code: 431

Brian Dowling Commercial

Robin Simpson
Email
Brian Dowling
Email
Property Type: Office

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Vital Statistics

Stamp Duty: $32,390

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