Retail Suite #1 King & Phillip,
Sydney, NSW 2000
Shops & Retail
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
Retail Suite #1 King & Phillip
Sydney, NSW 2000
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BRAND NEW TENANTED HIGH-END RETAIL OFFERING IN AN ICONIC BUILDING
- Tenanted quality retail suite
- 318sqm* Strata Area over two storeys
- Within CBD Legal & Financial Services
THE SHOPPING EXPERIENCE OF A LIFETIME
CBRE is pleased to present Retail Suite #1 at King & Phillip residences to the market. King & Phillip is one of the newest glass beacons within the Sydney city skyline and a testament to world-class architecture. As only one of two retail suites in the entire King & Phillip residence, the property presents an exclusive opportunity to acquire a piece of history offered as a fully-tenanted investment. The suite is currently tenanted by Bared Footwear with a long 7 year lease with a 7 + 7 year option to 2042.
The Retail Suite #1 at King & Phillip benefits from the following key attributes:
- 318sqm* Strata Area across two levels
- High exposure location with extensive views of King Street
- Brand new development designed by International award-Winning architects, FJMT
- Fully tenanted with a net income of $340,000 per annum plus GST
- Long 7 Year Lease with a 7 + 7 Year Option and 100% of outgoings payable by the tenant
- Located at the heart of Sydney CBD, adjacent to the Law Courts, Reserve Bank, Martin Place, Pitt Street Mall, Hyde Park and Royal Botanic Gardens
- Moments from several public transport options and car parking
Retail Suite #1 at King & Phillip Residences is available for sale via Expressions of Interest, closing Tuesday 16 November 2021 at 4:00pm.
Please contact the exclusive sales agents for further details or access to the due diligence room.
Nick Wheatley
0430 438 941
Matthew Fenn
0416 925 4...
Nicholas Heaton
0408 025 0...
*approximate
CBRE is pleased to present Retail Suite #1 at King & Phillip residences to the market. King & Phillip is one of the newest glass beacons within the Sydney city skyline and a testament to world-class architecture. As only one of two retail suites in the entire King & Phillip residence, the property presents an exclusive opportunity to acquire a piece of history offered as a fully-tenanted investment. The suite is currently tenanted by Bared Footwear with a long 7 year lease with a 7 + 7 year option to 2042.
The Retail Suite #1 at King & Phillip benefits from the following key attributes:
- 318sqm* Strata Area across two levels
- High exposure location with extensive views of King Street
- Brand new development designed by International award-Winning architects, FJMT
- Fully tenanted with a net income of $340,000 per annum plus GST
- Long 7 Year Lease with a 7 + 7 Year Option and 100% of outgoings payable by the tenant
- Located at the heart of Sydney CBD, adjacent to the Law Courts, Reserve Bank, Martin Place, Pitt Street Mall, Hyde Park and Royal Botanic Gardens
- Moments from several public transport options and car parking
Retail Suite #1 at King & Phillip Residences is available for sale via Expressions of Interest, closing Tuesday 16 November 2021 at 4:00pm.
Please contact the exclusive sales agents for further details or access to the due diligence room.
Nick Wheatley
0430 438 941
Matthew Fenn
0416 925 4...
Nicholas Heaton
0408 025 0...
*approximate
Property ID: 503938150Last Updated: 25 Jan 2022
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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