Contact: Andrew Ou 0405 557 889

LOT 306, 343 - 357 PITT STREET, SYDNEY

Location:
The property is situated in the southern precinct of the Sydney CBD in between George Street and Pitt Street and is in close proximity to Darling Harbour, World Square, Town Hall, Chinatown and the Cinema precinct on George Street.

Specifically, the property is located on Central Street, metres from George and Pitt Street, an area which has a high level of pedestrian and traffic flow. This is reflected by the surrounding entertainment venues and eateries in the precinct, such as Galaxy World arcade, Shark Hotel, Three (3) Wise Monkey, Mizuya Japanese restaurant and karaoke and Greater Union Cinema.

Building Description:
The property comprise of ground floor and Two (2) upper levels currently leased to an up market Japanese restaurant. Each level is self contained with a kitchen, male and female toilets, and an emergency exist. Ground and first (1st) floor are currently used for servicing the general public, while the second (2nd) floor is utilized as a function area.

Estimated Building Area:
Ground Floor: 79sqm
First Floor: 79sqm
Second Floor: 78sqm
Total Area: 236sqm

Tenancy Details
Tenant: Japanese Restaurant
Net Rent Per Annum: $142,353.49 plus Outgoings plus GST
Lease Start Date: June 2007
Lease Term: Five (5) years plus Five (5) years