750 George Street was built circa 1890 and was formerly known as “English’s Chambers”. It is a heritage listed retail/commercial building with 6 levels, including basement and mezzanine.
It is strategically located between Chinatown and Central Railway Station and within close proximity to major banks, the Capitol Theatre and Darling Harbour.
This character-filled building has a 6.08M frontage along George Street enjoying excellent exposure to both car and pedestrian traffic.
The upper levels are serviced by a lift and a rear staircase opening onto Parker Lane.
The estimated income is about $ 281,699 per annum + GST (assuming fully leased).
The property was built over a land area of approximately 151.8 sqm with a total estimated floor space of 655 sqm.
This is a unique opportunity to own a trophy investment in Sydney’s vibrant Haymarket area.
Outgoings (approximate per annum)
Council rates $18,550
Water rates $5,952 (partly contributed by lessee)
Insurance $16,800
Land tax* $17,508
*Subject to single holding basis, taxable land value as at 31/12/2013 is $1,500,000
Auction Thursday 13 November 2014, 10:30am
Mezzanine Level
50 Margaret Street Sydney
For further information, please contact
Raymond Hung 0419 223 895
