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33 Shelley Street Sydney NSW 2000

  • Offices
  • 119 m²
  • For Sale, Guide $1,500,000

SECURE HARBOURSIDE INVESTMENT NEAR BARANGAROO INDICATIVE 5.5% CAP RATE

    Noonan Property is pleased to present 33 Shelley Street, Sydney for sale via Expressions of Interest closing 25th March 2021.

    - Premium retail and commercial property
    - Highly coveted location near Barangaroo
    - Exclusive and valuable ground floor position
    - Striking window frontage spanning 6 metres
    - Prominent illuminated awning street signage
    - Stylishly fitted out with contemporary finishes
    - Ultra impressive reception and meeting area
    - Internal kitchenette, storage and bathroom
    - Modern building comprising 200+ apartments
    - Securely leased to acclaimed property agency
    - Tenant has a successful 20-year track record
    - 5-year lease with options extending to 2035
    - Conservative net rental of $82,693 per annum
    - Tenant has occupied the premises for 11 years
    - 3% fixed rental increases plus market reviews
    - Strong covenant with a 6-month security bond
    - Spectacular and popular harbourside location
    - Close to Wynyard Station via Wynyard Walk
    - Minutes to Crown Sydney and Darling Harbour
    - Surrounded by first class restaurants and bars

    * Approximately

    SIZE AND LOT SPECIFICATIONS
    Ground floor, Lot 4 - 119 sqm approx.

    INVESTMENT OVERVIEW
    Rental income - $95,200.00 per annum approx.
    Outgoings - $12,506.76 per annum approx.
    Net income - $82,693.24 per annum approx.

    SALE PROCESS
    Expressions of Interest closing 3pm Thursday, 25th March 2021

    CONTACT DETAILS
    Tim Noonan - 0416 286 129
    Ben Kennedy - 0449 286 129
    Noonan Property - 02 9231 6000

    DISCLAIMER
    The above information has been furnished to us by a third party. Noonan & Co Pty Ltd trading as Noonan Property have not verified whether the information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquiries in order to determine whether this information is in fact accurate. Figures may be subject to change without notice.

    Property Highlights

    Property ID2016814890
    Floor Area119 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  22 Feb 2021
    Map for 33 Shelley Street Sydney NSW 2000
    Map for 33 Shelley Street Sydney NSW 200033 Shelley 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*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016814890
    Floor Area119 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  22 Feb 2021
    Noonan Property
    Suite 19, Level 7, 44 Bridge Street Sydney NSW 2000

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