Prime Sydney CBD Medical Investment – Major Potential Value Upside

Burgess Rawson is pleased to offer to the market 3/70 Pitt Street, Sydney NSW for sale via our Investment Auction Portfolio 168.

The property has the following investment highlights:

+ Renewed lease to December 2025 plus options to 2029
+ Sydney CBD Medical Centre: Long established medical clinic with a proven history since 2004, specialising in general practice services
+ Well-presented 275sqm* ground floor medical clinic includes Laverty Pathology and Skin Clinic
+ Thriving Pitt Street location close to Australia Square, Wynyard Station, Martin Place, Circular Quay, The Rocks, Sydney Harbour Bridge and Opera House
+ Conveniently positioned close to complementary ancillary medical tenants including Sydney CBD Dentistry and Chemist Warehouse
+ Possible future site amalgamation for landmark CBD development
+ Attractive fixed 3% rent increases, including through option periods
+ Net Income: $91,534 pa* + GST (Significantly below market rent)

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx