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50 Clarence Street Sydney, NSW 2000

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50 Clarence Street,
Sydney, NSW 2000

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Price information

Sold

$3,470,000

Detailed listing

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Map of 50 Clarence Street

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SOLD AT AUCTION - FULLY LEASED INVESTMENT!

  • Two contiguous whole floors - 12 Lots
  • Three car spaces included
  • Significant growth precinct - Barangaroo
This rare investment opportunity consists of two contiguous whole floors encompassing 12 commercial strata title Suites plus 3 security car spaces in a prominent northern CBD location.

This property is offered fully leased to 8 individual commercial tenancies with a combined rental income of $477,946 per annum approx excluding GST.

50 Clarence Street is a modern 12-storey commercial building in a superb location near Wynyard Station. This high profile position is a leading business address and a significant growth precinct due to its close proximity to the much anticipated Barangaroo development.

This rare offering provides a number of flexible investment options including the opportunity to occupy following lease expiries, hold for income purposes and future growth or re-sell each lot individually into the owner-occupier market where substantial price premiums can be achieved.

Size: 905m2 including 3 car spaces

Additional information

Property ID: 500505979Last Updated: 13 Dec 2013

0416 286 1...
realcommercial.com.au logo
50 Clarence Street
Sydney, NSW 2000

Detailed listing

Noonan Property - Sydney
Suite 19, Level 7, 44 Bridge Street
SYDNEY, NSW 2000

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