Ground Level (Lot 4), 259-261 Clarence Street,
Sydney, NSW 2000

Rare Core CBD Retail Opportunity with Prominent Street Frontage.

Location on the western side of Clarence Street, between Market and Druitt Street, in the heart of the Sydney CBD. QVB, Darling Harbour, Town Hall and Wynyard Railway Stations are easily accessed from the site. The property is in the western precinct of the CBD which is seen as a key growth area due to the large number of financial institutions such as Macquarie Bank, CBA and Westpac moving into the western corridor. The impending development of Banangaroo will only intensify demand for property in the area.

The property itself has a great street frontage to Clarence Street and is 496sqm spread over two levels accessed by lift. There are limited strata retail properties that come to market in the CBD, and if they do, few boast a tenant like the Belgravia Formalwear Pty Ltd, a subset of the Belgravia Group, who employ over 3,000 people throughout Australia. Net rental is $185,000 per annum plus GST on a strong 5 x 5 year lease (3 month Bank Guarantee).

For further information please do not hesitate to contact exclusive Tim Green Commercial agents:

William Shen - 0419 406 6...
John Romyn - 0414 183 712