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750 George Street Sydney, NSW 2000

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750 George Street,
Sydney, NSW 2000

Shops & Retail • Development Sites & Land • Offices

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Freehold heritage building on George - SOLD AT AUCTION

  • A Freehold Retail/Commercial Building
  • close to Chinatown and Central Station
  • A rare opportunity not to be missed
750 George Street was built circa 1890 and was formerly known as “English’s Chambers”. It is a heritage listed retail/commercial building with 6 levels, including basement and mezzanine.
It is strategically located between Chinatown and Central Railway Station and within close proximity to major banks, the Capitol Theatre and Darling Harbour.
This character-filled building has a 6.08M frontage along George Street enjoying excellent exposure to both car and pedestrian traffic.
The upper levels are serviced by a lift and a rear staircase opening onto Parker Lane.
The estimated income is about $ 281,699 per annum + GST (assuming fully leased).
The property was built over a land area of approximately 151.8 sqm with a total estimated floor space of 655 sqm.
This is a unique opportunity to own a trophy investment in Sydney’s vibrant Haymarket area.

Outgoings (approximate per annum)
Council rates $18,550
Water rates $5,952 (partly contributed by lessee)
Insurance $16,800
Land tax* $17,508
*Subject to single holding basis, taxable land value as at 31/12/2013 is $1,500,000

Auction Thursday 13 November 2014, 10:30am
Mezzanine Level
50 Margaret Street Sydney

For further information, please contact
Raymond Hung 0419 223 895
Email: ray@raymondhungre.com.au

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Property ID: 501307411Last Updated: 19 Feb 2015

02 8218 97...
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750 George Street
Sydney, NSW 2000
Ray Realtors - SYDNEY
Suite 1308, Level 13, 370 Pitt Street
SYDNEY, NSW 2000

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