2/242 Palmer Street & 2/293 Liverpool Street , East Sydney for Sale


 
  2/242 Palmer Street & 2/293 Liverpool Street , East Sydney City Fringe
Location \\ The properties are located in the prime city fringe area of Darlinghurst/East Sydney less than 2 kilometres east of the Sydney CBD and within 250 metres of Oxford Street. The surrounding area features a blend of offices, mixed use premises, retail outlets, restaurants and cafes. Nearby transport includes Museum Station 1 kilometre away and buses along Oxford Street.
Description \\ Two quality office suites with retail frontages located in the landmark Republic development. 2/242 Palmer Street features include a glass shop front, timber shutters, polished concrete landing, fully carpeted with air conditioning to both rooms, under stair storage and impressive reception/lounge area. 2/293 - Liverpool Street features include a glass shop front, timber shutters, polished concrete landing, fully carpeted and open plan office space with under stair storage and air conditioning.
Accommodation\\ LEASE DETAILS 2/242 Palmer Street $465 per week plus GST 2/293 Liverpool Street $475 per week plus GST Both leases are currently on a monthly holdover basis and vacant possession is available. Outgoings - $2,720 each property. O/G consist of - Council Rates-$400, Water Rates-$320, Strata Levies-$2,000 per annum, and management fee of 5% Both leases are currently on a monthly holdover basis and vacant possession is available. SUITE AREAS* 2/242 Palmer Street 43sqm 2/293 Liverpool Street 49sqm
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Outgoings \\ 2720
Investment Details \\ THE OFFERING Two quality office suites with retail frontages located in the landmark Republic development. 2/242 Palmer Street features include a glass shop front, timber shutters, polished concrete landing, fully carpeted with air conditioning to both rooms, under stair storage and impressive reception/lounge area. The premises has its own toilet plus kitchenette at the rear of the suite. Leased to Bar Solutions at $24,144.76 p.a gross plus GST (monthly holdover). 2/293 Liverpool Street features include a glass shop front, timber shutters, polished concrete landing, fully carpeted and air conditioned offering open plan office space with under stair storage. The premises has its own toilet plus kitchenette at the rear of the suite. Leased to Grincreative at $24,627.27 p.a gross plus GST (monthly holdover).
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Comments \\ COMMENT These two prime commercial/retail suites offer a great opportunity for investment or small business operator to purchase in this sought after East Sydney location. ZONING Residential 2(b) – Medium Density zone under South Sydney Local Environment Plan 1998.
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Disclaimer \\ Whilst all care has been taken in the preparation of the information contained herein, no warranty is offered or implied. Interested parties should therefore rely on their own enquiries. all areas and figures are approximate.
 
 

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