Suite 7, Grd/123 Clarence Street, SYDNEY NSW 2000
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- 19 Apr 2017
Investment Suite For Sale - 104 Sqm - Great...
- 104 sqm
- Investment suite 'leased until Oct 2019'
- Fitted suite with reception area, 2 offices and open plan area
- Great natural light
- Close to Wynyard and Barangaroo
123 Clarence Street is a seven storey office building located on the western side of Clarence Street between Barrack and Erskine Streets. The body Corporate have just completed a refurbishment of the building's foyer, lifts and toilet facilities. Wynyard Bus/rail interchange minutes away in York Street and Barangaroo.
Lease Term : 3 + 3 years
Commencement : Nov 2016
Gross Rental : $59,106.67 + GST
Less Outgoings (Paid by the landlord)
Council Rates : $TBC
Water Rates : $TBC
Strata Levies : $TBC
Total Outgoings p.a. (approx.) $16,000
Rental Reviews : TBC%
Less Annual Incentive
First month rent free per year in term 1
NET RENTAL : $43,106.67
ASKING PRICE : $820,000
NET YIELD : 5.25% (approx)
Call Robin Simpson 0426 251 234
Property Code: 431
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Suite 7, Grd/123 Clarence Street...