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3/70 Pitt Street
Sydney NSW 2000
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3/70 Pitt Street Sydney NSW 2000

  • Medical / Consulting
  • 275 m²
  • Commercial Auction

Prime Sydney CBD Medical Investment Major Potential Value Upside

    Burgess Rawson is pleased to offer to the market 3/70 Pitt Street, Sydney NSW for sale via our Investment Auction Portfolio 168.

    The property has the following investment highlights:

    + Renewed lease to December 2025 plus options to 2029
    + Sydney CBD Medical Centre: Long established medical clinic with a proven history since 2004, specialising in general practice services
    + Well-presented 275sqm* ground floor medical clinic includes Laverty Pathology and Skin Clinic
    + Thriving Pitt Street location close to Australia Square, Wynyard Station, Martin Place, Circular Quay, The Rocks, Sydney Harbour Bridge and Opera House
    + Conveniently positioned close to complementary ancillary medical tenants including Sydney CBD Dentistry and Chemist Warehouse
    + Possible future site amalgamation for landmark CBD development
    + Attractive fixed 3% rent increases, including through option periods
    + Net Income: $91,534 pa* + GST (Significantly below market rent)

    To be sold by Investment Portfolio Auction
    10:30am AEST Wednesday 15 May 2024
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx

    Auction date and time15/05/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Floor Area275 m²
    Land Area1 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019194140
    Category
    Last updated  23 Apr 2024
    Map for 3/70 Pitt Street Sydney NSW 2000

    Nearest transport* to 3/70 Pitt Street Sydney NSW 2000

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    Property Highlights

    Floor Area275 m²
    Land Area1 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019194140
    Category
    Last updated  23 Apr 2024
    Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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