Strata Office at 7.5% ROI, Level 1, 545 Kent Street, Sydney for Sale

Strata Office at 7.5% ROI, Level 1, 545 Kent Street , Sydney CBD - Western Corridor
 
 

Strata Office at 7.5% ROI, Level 1, 545 Kent Street , Sydney CBD - Western Corridor
Location \\ The property is located on the North Western intersection of Liverpool and Kent Streets within one block from George Street Entertainment precinct and World Square. Within easy access are Sydney's Darling Harbour,Town Hall and accompanying railway station and Sydney's central local courts. Additional highlights of this location are:  Great potential capital gain and rental growth  The home of Sydney?s Chinatown  Nearby to Sydney?s cinema precinct  Rapidly improving commercial and residential precinct  Easily assessable from all directions from the Sydney CBD  Within easy walking distance to public transport
Description \\ 545-553 Kent Street is a modern quality investment building completed in 1991 retaining its original character facade dating back to the Victorian era. A summary of the building’s key investment attributes are as follows: • Excellent retail and office location being within 100m of the landmark World Square development, close to Sydney’s Entertainment precinct, Darling Harbour and Town Hall railway station. • Strong tenancy profile with security bond • Low base rentals (below $400/sqm pa gross) offering strong rental and capital growth potential. • Basement parking with excellent loading facilities. • Abundant natural light from 3 sides
Accommodation\\
Level \\ Level 1, Strata Office
Area sqm \\ 978
Sale Price \\ $5,044,000
Outgoings \\ $55m2/p.a ( approx )
Investment Details \\ Please call William Shen 0419 406 645 or Tim Green 0417 285 792
Parking \\  
Comments \\ Well established tenant with long term lease which expires 31/03/2014. Net Rental Income: $378,305. Net return 7.5%
GST \\
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.
 

Enquire now about Strata Office at 7.5% ROI, Level 1, 545 Kent Street, Sydney with Tim Green Commercial, Sydney's leading commercial real estate agency.