For AUCTION
Development / Land, Offices, Retail/Shops/Shopping Ctrs/Serv…- Land size:
- 247.3 sq.m
- Building size:
- 562 sq.m
- Property ID:
- 397049
Main content:
HUGE POTENTIAL/FULLY LEASED INVESTMENT
299 KENT STREET SYDNEY
(also known as 41-45 Erskine Street)
KEY CORNER POSITION
Location
299 Kent Street, Sydney is located in the northern CBD, on the corner of Kent and Erskine Streets diagonally opposite the new Westpac head offices.
The property is easily accessible by public transport, just moments away from both the Wynyard bus and rail terminals and within the immediate vicinity of King Street Wharf and Darling Harbour.
Description
The property comprises four ground floor shops and two upper levels of offices. The ground floor shops are currently operated as a sandwhich shop/café on the corner, a dry cleaner and a Vietnamese restaurant occupies the shop onto Erskine Street.
Construction is brick and timber with concrete stairwell off Kent Street providing access to the upper levels.
Level one is divided into seven small suites predominantly leased to music tutors with level two divided into three tenancies.
All tenancies are on either month to month or have less than 12 months remaining on their lease
HUGE POTENTIAL
Site Area 247.3 sqm
NLA 562 sqm
GROSS INCOME APPROX $242,930.07 P.A
AUCTION 23RD MARCH 2010, 10 AM, 55 HARRINGTON STREET, SYDNEY
Summary
- Building Area
- 562 m²
- Land Area
- 247.30 m²
- Occupancy
- leased investment
Auction Details
- Auction Time
- 23/03/2010 10:00:00
- Auction Terms
- 55 HARRINGTON STREET, SYDNEY
More information
Website: www.drakeproperty.com
Address is approximate.
Drake Property, Sydney
Level 4, Suite 404, 379 - 383 Pitt Street, Sydney, NSW, 2000
RLA:1043711
- Phone this agent
Name: Nicholas Drake
Phone: 0418 115 776
Name: Nick Drake
Phone: (02) 9283 6280
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Email this agent
To: Drake Property, Sydney
Subject: 299 Kent St , SYDNEY NSW 2000
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