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Strata Lot/653-659 George Street
Haymarket NSW 2000
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Strata Lot/653-659 George Street Haymarket NSW 2000

  • Shop & Retail
  • 588 m²
  • For Sale, Contact Agent

Motivated Vendor-Prime retail opportunities in Sydney's rapidly developing areas

  • High foot traffic & late trade location
  • All fully leased retail shops
  • To be sold individually or in one line

Savills NSW Asia Markets and Goodvest Realty team are pleased to offer the opportunity to secure one of the Premier locations in the heart of Sydney's Haymarket.

The portfolio comprises 2 retail shops, 1 restaurant, car space, offices and storage units under the Serviced Apartment complex, managed by Accor. Sitting on the busiest junction of Sydney's Haymarket, facing Sussex Street or George Street, this subject portfolio is fully leased to established and proven operators at highly competitive rentals. The property provides multiple secure income streams, with plenty of potential upside and can be sold individually or in-one-line.

Shop A - Lot 3
- Prime George Street retail
- Total internal size 75 sqm* with a 6.5m* frontage
- Brand new 5 + 5 year lease with renowned bubble tea brand Milksha flagship
- 5 years lease with gross income of $270,000 P.A
- Adjacent to Haymarket light rail stop on the building's doorstep

Shop D Lot 1
- Boutique ground floor retail opportunity with plenty of street exposure
- Total internal size 35 sqm*
- Established tenant MySpec Optometrist.
- Current approx. gross income $240,000 P.A*

Shop E - Lots 5, 6,7 & 9 (To Be Sold as One)
- Fully Equipped Hot Pot Restaurant with a Bonus Lobby, comprising of a thoroughfare between George and Sussex St
- Total area 300 sqm* plus 178 sqm* consists of the reception, back of house area, car space and storage
- Brand new 5 + 5 year lease with blue chipped tenant
- Current approx. Gross income $364,000 P.A*

Ultra-prime Haymarket Location in the absolute core of Sydney Haymarket and internationally renowned tourist destination.

The property benefits from extensive Government infrastructure and transportation developments, including the Sydney Metro line, Darling Harbour, Light Rail and the recently announced City of Sydney Council's $ 44 million Chinatown Upgrade.

For further information, or to book for an inspection, please contact the exclusive selling agents.

Property Highlights

Floor Area588 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018023609
Category
Last updated  16 Nov 2023
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Property Highlights

Floor Area588 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018023609
Category
Last updated  16 Nov 2023
Level 25/1 Farrer Place Sydney NSW 2000

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