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261 George Street Sydney, NSW 2000

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261 George Street,
Sydney, NSW 2000

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$2,725,000

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High Profile Sydney CBD Investment. Leased to Nationwide Recruitment Agency.

Renewed 5 year lease from 1 Jan 2016 to 2021.
Further option to 2026.
Attractive annual 4% increases (income $181,000* in 2020).
339 sqm with landlord owned modern fitout.
Prime north east facing corner location with Harbour Bridge views.
Premium Circular Quay end of George Street.
Stunning art deco building.
Newly refurbished foyer.
Sydney CBD vacancy rate below 8%.
Moments from Wynyard station, currently undergoing circa $1 billion redevelopment.
Ready for the George Street pedestrianisation.
Net Income: $157,480 pa + GST.

Auction 11am AEST Tuesday 4 August
Four Seasons Hotel, Sydney

Michael Gilbert 0430 024 790
Andrew Vines 0423 108 880

Property ID: 501623273Last Updated: 7 Oct 2015

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