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Level 1/86-90 Bay Street
Ultimo NSW 2007
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Sold on 14 Apr 2014

Level 1/86-90 Bay Street Ultimo NSW 2007

  • Offices
  • 830 m²
  • Sold, $2,600,000

Deceased Estate – Definite Sale Required! Securely leased Investment 8% + yield

Vibrant and high profile position on the eastern side of Bay Street only 50 metres from Broadway, directly opposite Broadway Shopping Centre.

Improvements: A large floor plate, modern strata office floor comprising 830m2 of strata area split into three separate tenancies serviced by two lifts and benefiting from security basement parking for 11 vehicles (167m). The premises is of concrete construction with precast concrete panels and brick walling which was strataed in the 1980’s. The three suites present well with the middle suite 2 having only just been created for new tenant SDN Services. Suite 1 overlooks Bay Street and is occupied by long term tenant GPL solutions with impressive lobby, boardroom, fifteen executive offices plus generous work station/ open plan area. The rear Suite 3 is occupied by Barmax, a Responsible Service of Alcohol (RSA) training centre with full bar and classroom space. There is a small area also used for a Laser Beautician’s Clinic. There are shared male and female toilet facilities and a large kitchen servicing level one.

Property Highlights

Date Sold14 Apr 2014
Sold Price$2,600,000
Floor Area830 m²
Land AreaAsk Agent
Parking11 x Onsite parkings
Property ID2010993455
Category
Last updated  13 Jul 2014
Map for Level 1/86-90 Bay Street Ultimo NSW 2007

Nearest transport* to Level 1/86-90 Bay Street Ultimo NSW 2007

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Property Highlights

Date Sold14 Apr 2014
Sold Price$2,600,000
Floor Area830 m²
Land AreaAsk Agent
Parking11 x Onsite parkings
Property ID2010993455
Category
Last updated  13 Jul 2014

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