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Sold on 20 Jun 2019

117 Harrington Street Sydney NSW 2000

  • Offices
  • 1,404 m²
  • Sold

ACQUIRE A UNIQUE PIECE OF HISTORY WITHIN SYDNEY CBD

  • 100% Leased
  • Value Add Opportunity
  • Coveted Precinct

117 Harrington Street presents an outstanding opportunity to acquire a unique piece of history within a coveted precinct of Sydneys CBD.

The assets strong investment fundamentals and diverse tenancy mix are complemented with unrivalled food & beverage, retail and access to a range of transport.

The property is strategically positioned within The Rocks bordering Circular Quay and offers a tremendous value add opportunity to capitalise on the major infrastructure projects changing the face of Sydney.

- 100% leased to a diverse mix of tenants with genuine potential for rent reversion
- Surrounded by the best of Sydneys current & future Premium Grade towers & developments inc the new light rail set to open in early 2020
- Full of character offering unique spaces & outdoor areas with views of the iconic Sydney Harbour Bridge
- Potential conversion opportunity with flexible zoning permitting residential & boutique hotel usages
- Net Passing income of approx $1,100,000 p.a (as at 1 May 2019)
- 2.5 Year WALE (as at 1 May 2019)
- Total NLA of 1,404sqm (approx)
- 5 Star NABERS energy rating

Inspections are still happening

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Property Highlights

Property ID2015147092
Date Sold20 Jun 2019
Floor Area1,404 m²
Land Area278 m²
EnergyAsk Agent
ParkingAsk Agent
Category
Last updated  27 Jun 2019
Map for 117 Harrington Street Sydney NSW 2000
Map for 117 Harrington Street Sydney NSW 2000117 Harrington Street Sydney NSW 2000
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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