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Shop 3A 2 Bridge Street, Sydney, NSW 2000

Shop 3A 2 Bridge Street, Sydney, NSW 2000

Retail

  • Sold Contact Agent
  • Wed 10-Jul-19

  • Land Area
  • 63.00 m² (approx)
  • Floor Area
  • 63 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jul 13, 2019

Interested in this property? Contact an Agent today

Ray White - City South

Level 1, 770 George Street

Sydney NSW 2000

William Shen

SYDNEY CBD INCOME PRODUCING RETAIL INVESTMENT

Prime location in the Northern CBD of Sydney on the corner of George, Bridge and Dalley Streets within 280m from Wynyard station. Positioned on one of the busiest pedestrian and vehicular intersections of Sydney CBD, strategically located to benefit from George Street Light Rail and $1.7 billion Wynyard Place development project.

- Strata retail shop
- Lettable area 63sqm approx.
- High foot traffic corner position
- Currently leased out to a well-established fast food operator
- Gross rent approx $87,524.00 effective from 1st May 2019
- Net rent approx $75,561.00 effective from 1st May 2019
- 3.5 year lease left with 5 + 5 + 5 years options
- 3% Annual increase with market review on options
- Close proximity to major transport including Wynyard Station and future George Street Light Rail

Outgoings approx.:
Strata levy: $2,325.40 per quarter
Council rate: $349.92 per quarter
Water rate: $317.81 per quarter



Contact Agent
William Shen
0419 406 645
william.shen@raywhite.com

Shop 3A 2 Bridge Street, Sydney, NSW 2000

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