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6/379 Pitt Street Sydney, NSW 2000

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6/379 Pitt Street,
Sydney, NSW 2000

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SOLD AT AUCTION - Prime CBD Retail For Sale

  • PRIME CBD RETAIL
  • New 5 x 5 year restaurant tenant
  • 96m²
Prime Pitt Street shops rarely become available. This is a unique opportunity to acquire a prime retail shop in this busy sector of the CBD close to World Square, Chinatown, and in the heart of the entertainment precinct.

This is a 24/7 location, which bustles with residents, office workers, students, as well as tourists and locals visiting Chinatown, the cinemas, and the theatres.

Besides being the hub of commerce and recreation, the southern sector of the Sydney CBD is undoubtedly among the top three highest density residential enclaves in Australia. The high density, combined with a bustling commercial core, ensures that this location will always command huge pedestrian, as well as vehicular traffic.

A high proportion of the Asian community in the southern CBD is overseas students, who provide continual custom for the retail outlets.

This sector has always been dominated by “Chinatown”. However there are now two newly emerging precincts: Koreatown centred on the corner of Pitt and Liverpool Streets, and Thaitown, on the corner of Campbell and Pitt Streets. They have added to the commercial, retail and residential appeal of the southern CBD.

There are four proposed new residential developments between Bathurst and Liverpool Streets likely to offer in excess of 1,000 apartments, as well as two proposed new hotels. Other buildings close by are mooted for residential conversion.

The southern CBD has long been the centre for both student accommodation, colleges as well as hostels and backpackers. With the renewed growth in colleges and overseas students the area is likely to develop significantly with ensuing growth in demand, thus insuring continued strong rental growth.

With its new long term lease, to a proven performer, this property offers a superb investment opportunity to any astute investor.


- 96m²
- New 5 x 5 year restaurant tenant
- Grease trap and exhaust
- Trading until 2:00am

Property ID: 500909131Last Updated: 1 Jan 2014

0418 115 7...
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6/379 Pitt Street
Sydney, NSW 2000
Drake Property Pty Ltd - Sydney
Suite 405, 379-383 Pitt Street
SYDNEY, NSW 2000
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