Ray White City South
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)
Raymond Hung 0419 223 895 or 02 9289 8908
130m² / 0.03 acres