ST MARYS, 216 Queen Street
Description
Freehold retail/commercial investment property.
Heart of Sydney’s western suburbs.
New 5 year lease from July 2015 with 3% annual increases.
Substantial tenant, part of Employment Services Holdings (ESH) which operate circa 98 employment Centres in Australia and UK.
Established tenant has leased part of the building for past 6 years and recently expanded to occupy 100% of the building.
Prime retail location on corner of Queen Street and King Street.
3 street frontages with council carpark behind.
Underutilised mixed use future devolpment site, FSR 1:2-2.49.
Easily managed single tenant investment.
Estimated Net Income: $182,695 pa + GST.
Auction 11am AEDT Thursday 29 October
Sofitel Wentworth Hotel, Sydney
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Stephen Lovison
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ST MARYS, NSW
216 216 Queen Street
- Sold Price: Contact Agent