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1/86-90 Bay Street Ultimo, NSW 2007

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1/86-90 Bay Street,
Ultimo, NSW 2007

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$2,600,000

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Deceased Estate – Definite Sale Required! Securely leased Investment 8% + yield in modern office building, opposite Broadway Shopping Centre

  • Diverse tenants
  • Whole floor + 11 cars
  • Range of possibilities/exit strategies
Vibrant and high profile position on the eastern side of Bay Street only 50 metres from Broadway, directly opposite Broadway Shopping Centre.

Improvements: A large floor plate, modern strata office floor comprising 830m2 of strata area split into three separate tenancies serviced by two lifts and benefiting from security basement parking for 11 vehicles. The premises is of concrete construction with precast concrete panels and brick walling which was strata'ed in the 1980’s. The three suites present well with the middle suite 2 having only just been created for new tenant SDN Services. Suite 1 overlooks Bay Street and is occupied by long term tenant GPL solutions with impressive lobby, boardroom, fifteen executive offices plus generous work station/ open plan area. The rear Suite 3 is occupied by Barmax, a Responsible Service of Alcohol (RSA) training centre with full bar and classroom space. There is a small area also used for a Laser Beautician’s Clinic. There are shared male and female toilet facilities and a large kitchen servicing level one.

Property ID: 501035859Last Updated: 25 Feb 2016

1300 458 8...
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1/86-90 Bay Street
Ultimo, NSW 2007
TGC - Sydney
Level 8, 10 Barrack Street
SYDNEY, NSW 2000

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