Sold
Retail

Shop 1/250 Pitt Street SYDNEY, NSW 2000

Sold on 19 Jun 2014
  • Building/Land: 86m² (0.02 acres)
Office

Sold By

Retail in SYDNEY

SOLD AT AUCTION BY RAYMOND HUNG!

  • Building/Land: 86m² (0.02 acres)

250 Pitt Street is in the heart of Sydney's retail and commercial district close to Pitt Street Mall opposite to Galeries Victoria and Hilton Hotel. This area is frequented by tourists day and night.

Shop 1 is a ground level retail shop with more than 4M ceiling height and wraparound glass shopfront facing Pitt Street at the entrance of the building. Currently operating as a convenient store, this retail shop serves office workers in surrounding office buildings including ANZ Tower, Citigroup Centre and the Piccadilly Centre.
This property has a ground floor area of 67sqm plus a 19sqm mezzanine level. The tenant is a major convenience store chain with a lease till May 2018. Subject to the annual rent increase of 4%, the rent from 1 June 2014 is $234,000 per annum + GST.

Outgoings (approximate per annum)
Strata levies: $21,078 + GST
Council rates: $4,320
Water rates: $197

Auction:
Thursday 19th June 2014 10:30am at Mezzanine, 50 Margaret Street, Sydney

Contact:
Raymond Hung 0419 223 895 or 02 9289 8908
rhung@raywhitecitysouth.com.au

Building:

86m²

Land:

86m² / 0.02 acres

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