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191-199 Thomas Street, Haymarket 191-199 Thomas Street
Haymarket NSW 2000
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Sold on 20 Mar 2020

191-199 Thomas Street, Haymarket 191-199 Thomas Street Haymarket NSW 2000

  • Offices
  • 4,797 m²
  • Sold

A RARE FREEHOLD COMMERCIAL OFFICE INVESTMENT OPPORTUNITY WITH FUTURE UPSIDE, STRATEGICALLY LOCATED IN THE THRIVING SOUTHERN CBD PRECINCT

  • 4,797 sq.m. net lettable area (NLA)
  • 100% leased, including UTS Insearch
  • Strategically located for future upside

191-199 Thomas Street is an 8 storey office building comprising ground floor retail and basement parking for 16 cars.

100% leased, the property is underpinned by a strong, longstanding tenant profile including major tenant UTS Insearch providing secure cash flow with significant upside.

Located 250 metres from Central Station and within Sydneys designated Innovation & Technology Precinct, the property is strategically positioned to benefit from the rapidly growing demand from Science, Technology, Engineering and Mathematics (STEM) occupants. With STEM occupiers representing the fastest growing leasing sub-sector in the Sydney CBD, 191-199 Thomas Street offers exceptional future rental and value growth prospects.

Additional key features include:

- 4,797 sq.m. net lettable area (NLA)
- Net passing income of $2.7M with significant upside
- WALE of 2.59 years (by income)
- Flexible floor plates
- Immediate proximity to the light rail and Central Station
- NABERS Rating 0 (Office only equivalent rating of 3.0 predicted)

191-199 Thomas Street, Haymarket, Sydney is being formally offered for sale via an International Expressions of Interest campaign closing Wednesday the 11th of March at 4pm (AEDT).

Please be in contact with the exclusive selling agents for further details.

Transaction Advisor: Charter Keck Cramer

Property Highlights

Date Sold20 Mar 2020
Floor Area4,797 m²
Land Area4,797 m²
ParkingAsk Agent
Property ID2016067736
Category
Last updated  20 Mar 2020
Map for 191-199 Thomas Street, Haymarket 191-199 Thomas Street Haymarket NSW 2000

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Property Highlights

Date Sold20 Mar 2020
Floor Area4,797 m²
Land Area4,797 m²
ParkingAsk Agent
Property ID2016067736
Category
Last updated  20 Mar 2020

Co-Agents

Steam Leung
Steam Leung
Colliers International - Sydney
Call
0412 236 138
Andy Hu
Andy Hu
Savills Sydney
Call
+61 (0) 410 868 066
Tim Grosmann
Tim Grosmann
Savills Sydney
Call
+61 (0) 421 042 722

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