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Car Park/109 Pitt Street Sydney NSW 2000

  • Other
  • 1,329 m²
  • For Sale, Expressions of Interest

THE CARPARK

  • Australia's largest carpark operator
  • Leased until 2027
  • Core Sydney CBD Location

Secure your position in Sydneys future - The Carpark at 109 Pitt Street, Sydney is a prime opportunity to acquire income producing real estate with an integral stake hold in a potential future development site. The carpark is an easy to manage asset underpinned by a lease to Secure Parking - Australias largest carpark operator until 2027 and is located at epicentre of the Sydneys latest developments and infrastructure upgrades.

+ Leased to Secure Parking untill 2027
+ Net passing income of approximatley $1.635m p.a
+ One of only 5 stand-alone carparks availble for ownership in Sydney CBD
+ Core CBD location surrounded by premium office towers, retail ammenity & transport links
+ At the epicentre of key infrastructure upgrades & major commercial developments
+ Strong rental growth prospects with annual increases backed by forecast demand for space

For Sale by Expressions of Interest closing 4:00pm (AEDT) Tuesday 12th November 2019.

Property Highlights

Property ID2015736581
Floor Area1,329 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  10 Oct 2019
Map for Car Park/109 Pitt Street Sydney NSW 2000
CBRE Sydney
Level 21 363 George Street Sydney NSW 2000

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