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Robin Simpson
&
Brian Dowling

Brian Dowling Commercial

Unit 37/64 Castlereagh Street
Sydney NSW 2000

 

$625,000

   
1 of 9 photos

Investment Suite For Sale - 83 Sqm - Fitted Out...

- 83 sqm
- Investment suite 'leased until July 2017'
- Fitted out with 2 glass partitioned offices, open plan area, storeroom and internal wet kitchen
- Heritage Building
- Close to Martin Place and the Law Courts

Prime location on the corner of King and Castlereagh Streets only minutes to Martin Place, Circular Quay and Hyde Park. It is located in the heart of the financial core, surrounded by a high concentration of fashion brands including Louis Vuitton, Gucci, Chanel and Tiffany & Co. The building is ideally located just 100 metres from the Law Courts.

Tenancy Status
Lease Term : 1 year
Commencement : July 2016
Gross Rental : $48,000 + GST

Less Outgoings (Paid by the landlord)
Council Rates : $1,900.40
Water Rates : $218
Strata Levies : $16,077.60

Total Outgoings p.a. (approx.) $18,196
Rental Reviews : 4%

NET RENTAL : $29,804
ASKING PRICE : $625,000
NET YIELD : 4.77% (approx)

Call Robin Simpson 0426 251 234

Email: robin@bdowling.com.au

Property Code: 389

Brian Dowling Commercial

Robin Simpson
Email
Brian Dowling
Email
Property Type: Office

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Vital Statistics

Stamp Duty: $23,615

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