Sold
Retail

265 Sussex Street SYDNEY, NSW 2000

Sold on 29 Nov 2012
  • Building: 368m²
  • Land: 130m² (0.03 acres)
Office

Sold By

Retail in SYDNEY

Sold at Auction! Looking to sell? Call Raymond Hung on 0419 223 895

  • Building: 368m²
  • Land: 130m² (0.03 acres)

This 4-level freehold property is conveniently located close to Town Hall, Darling Quarter and Cockle Bay. Occupying a corner position, it has an estimated land area of 130 sqm and a floor area of 368 sqm.

Apart from the ground level retail area, it has a basement currently used as workshop/storage, a music studio occupying a section of level 1 and a residential unit occupying part of level 1, the whole of level 2 plus a loft.

With its centralised CBD location and amenities closed by, this could be an excellent position to place your corporate head office. This could also be an opportunity to acquire a valuable piece of Sydney CBD with a view to land banking for future redevelopment. Its neighbouring site is a new residential development due to completion in 2013.

Outgoings(approximate per annum):
Council rates: $20,807
Water rates: $2,371
Land tax: $18,884 (subject to single holding basis, land value as at 31/12/2011 is $1,570,000)

Interactive Floorplan:
http://www.au.open2view.com/tour/plan/238952

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

Building:

368m²

Land:

130m² / 0.03 acres

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