370 Pitt Street Sydney NSW 2000

Our commercial specialists from Gerard Cole Property is pleased to present one of Sydney CBD’s best located freehold strata investment property that’s on the market for Sale.

> Occupied by prominent restaurant chain ‘Two Sticks’, on new 3 year lease commencing on 15th November 2015

> Net income $73,000 per annum (plus GST)

> Strong yield of +7% with outgoings paid by tenant

> Bank Guarantee from tenant equal to 3 months rent

> Currently in new fit-out stage with refurbishment upgrades to the premises by restaurateur

> Building area 100sqm approximately

> High traffic position within the heart of the Pitt Street’s vibrant shopping district

> Short walking distance to the; World Square, Market City, Hyde Park, QVB, UTS, Darling Harbour

> Easy access to public transport; bus, light rail and the Central, Town Hall and Museum railway stations