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Sold on 16 Oct 2018

111-117 Devonshire Street Surry Hills NSW 2010

  • Offices
  • 405 m²
  • Sold

CITY FRINGE OFFICE FREEHOLD

  • NLA of 2,085sqm*
  • Significant rental reversion opportunity
  • Seven storey building with 18 car spaces

CBRE, as the exclusive sales agent, is pleased to present 111-117 Devonshire Street, Surry Hills to the market. This outstanding freehold building is situated just a moment’s walk from Central Station, hugging the boundary between Sydney CBD and the thriving Surry Hills. Capitalising on Sydney’s strong office market, the building is fully leased to seven whole floor tenants with mix use zoning and offers significant rental reversion and conversion opportunity. An exclusive opportunity within Sydney’s City Fringe, 111-117 Devonshire Street is one of the most premier office investments in the Sydney metropolitan market in recent times.

111-117 Devonshire Street benefits from the following key attributes:

- Seven storey freehold office building with NLA of 2,085sqm*
- Basement car parking for 18 secure spaces
- WALE (income): 1.67 years*, WALE (area): 1.66 years*
- Significant rental reversion opportunity
- B4 Mixed Use Zoning lending itself to hotel or residential conversion
- Prime location between Surry Hills and Sydney CBD
- 220m* to Central Station
- Located on the doorstep of the Light Rail with the Surry Hills Light Rail Stop just 300m* away
- 4-star NABERS Energy rating

111-117 Devonshire Street, Surry Hills will be sold by way of public auction on Tuesday, 16 October 2018 at 10:30am at AuctionWORKS.

*Approximate

For more information, please contact the exclusive selling agents.

AUCTION

Auction date and time16/10/2018 10:30
Auction locationAuctionWORKS, 50 Margaret Street, Sydney
Gemma Isgro
CBRE Sydney
Gemma Isgro
CBRE Sydney
Nicholas Heaton
CBRE Sydney
Nicholas Heaton
CBRE Sydney

Property Highlights

Property ID2014646640
Date Sold16 Oct 2018
Floor AreaAsk Agent
Land Area405 m²
ParkingAsk Agent
Category
Last updated  16 Oct 2018
Map for 111-117 Devonshire Street Surry Hills NSW 2010
Gemma Isgro
CBRE Sydney
Gemma Isgro
CBRE Sydney
Nicholas Heaton
CBRE Sydney
Nicholas Heaton
CBRE Sydney

Property Highlights

Property ID2014646640
Date Sold16 Oct 2018
Floor AreaAsk Agent
Land Area405 m²
ParkingAsk Agent
Category
Last updated  16 Oct 2018
Level 21 363 George Street Sydney NSW 2000
Gemma Isgro
Gemma Isgro
CBRE Sydney
Nicholas Heaton
Nicholas Heaton
CBRE Sydney

Gemma Isgro

CBRE Sydney

Nicholas Heaton

CBRE Sydney

0403 *** ***
0403 230 085

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