Noonan Property Sydney are pleased to present for sale The Penthouse and Rooftop Terrace, Level 14, 70 Pitt Street, Sydney via Public Auction commencing 10:30am Tuesday, 25 June 2024.

This auction will occur with a disclosed reserve price of $3,000,000 which equates to $8,620 per sqm based on internal strata area and $6,072 per sqm based on total area including the exclusive rooftop terrace. The last sale in the building transacted at $14,021 per sqm in 2023.

This premium property represents a spectacular opportunity to acquire a whole floor commercial penthouse comprising 348 sqm plus a large rooftop terrace comprising 146 sqm positioned within Sydney's most desirable business location near Wynyard, Circular Quay and Martin Place.

The Level 14 penthouse features large window frontages, excellent natural light, internal kitchen amenities and impressive skyline views capturing many of Sydney's landmark commercial buildings including Angel Place, Grosvenor Place, Chifley Tower, Aurora Place and Australia Square.

Level 14 and the rooftop terrace are presented in original condition and there is enormous potential to add significant value by improving these spaces with innovative design features such as exposed ceilings and polished concrete flooring.

70 Pitt Street, Sydney is one of Sydney's most popular and tightly held strata office buildings. The building is a modern 16-storey commercial tower comprising commercial and retail accommodation. The main lobby area is impressive and spacious with high ceilings, three lifts and a digital tenant directory board.

The property's premium location is one of Sydney's most distinguished business addresses and a significant growth precinct due to its proximity to substantial infrastructure upgrades being undertaken over the next few years including the Sydney Metro Rail System at Martin Place and Hunter Street. 70 Pitt Street, Sydney is also close walking distance to the new George Street Light Rail along with Australia's largest mixed-use development, the $6 billion Barangaroo precinct.

The sale of this high quality property is an exciting opportunity to acquire one of Sydney's finest commercial strata properties and we look forward to servicing your enquiries.

NOTE: Internal images of the property are CGI rendered images based on concept fitout designs.