Ray White Commercial Asian Investment Services as the exclusive selling agents are excited to offer an incredible opportunity to purchase a super prime retail investment at the border of Haymarket and Ultimo.
Enviously surrounded by UTS, ABC Headquarters, TAFE NSW and high-density residential complexes, the eye-catching corner building at 646 Harris Street captures monstrous vehicular and foot traffic desired by ambitious retail tenants.
*4 valuable separate titled basement storerooms
*High-density residential complexes nearby
*Massive 19m corner frontage with 2 streets exposure
*Successful boutique café with over 10 years successful trading history
*New 2+3+3 lease signed in 2020 with net passing rent, $88224.44.*
*2nd front door unlocks subdivision potential
*DA approved outdoor benches and seatings
*Huge commercial benefits from NSW government's multi-billion dollars investment in revitalising Central Precinct
*Moment to Darling Square, Darling Harbour, Powerhouse Museum, Chinatown and public transports
The historically low interest rate and the scarcity of high-quality retail listings in Sydney CBD have no doubt made the subject property a great investment opportunity to shrewd investors looking for secured yield. It also represents a cost-effective acquisition opportunity with various retail and commercial usage (S.T.C.A) to owner occupiers planning to take advantage of the super prime corner location for branding.
This property will be offered for sale via public auction on 15 March 2022 at 10:30am.
Venue: AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney
*Approx.
