Summit Arcade, shop 185, 569 George Street,
Sydney, NSW 2000
Shops & Retail
Price information
Sold
Range: $350,000 - $410,000
Key property information
Floor area
Parking info
Tenure type
Sold on
Map of Summit Arcade, shop 185, 569 George Street
Budget retail investment
Strata retail shop inside the Summit Arcade leased to a tobacconist and Korean grocery shop. Summit Arcade is located on the ground level of the Summit Apartments (consisting 352 residential & commercial units) on busy George Street opposite World Square. The arcade acts as a pedestrian thoroughfare connecting George and Sussex Street via Eagar Lane.
The shop area is 32 sqm plus 3 sqm store room on title. The current rent is $29,035.64 per annum + GST with a fixed 5% increase every year until the lease expires on 30 June 2012.
Estimated outgoings per annum:
Strata Levies$ 4,492
Council Rates$728
Water Rates $440
Auction on Thursday, 5 June 2008 10:30AM
Venue: Angel Place Conference Centre, Mezzanine Level, 123 Pitt Street Sydney
Details: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au
The shop area is 32 sqm plus 3 sqm store room on title. The current rent is $29,035.64 per annum + GST with a fixed 5% increase every year until the lease expires on 30 June 2012.
Estimated outgoings per annum:
Strata Levies$ 4,492
Council Rates$728
Water Rates $440
Auction on Thursday, 5 June 2008 10:30AM
Venue: Angel Place Conference Centre, Mezzanine Level, 123 Pitt Street Sydney
Details: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au
Property ID: 5390933Last Updated: 4 Dec 2013
(02) 9289 89...
Summit Arcade, shop 185, 569 George Street
Sydney, NSW 2000
Ray White - City SouthSuite 44E, Level 3/650 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
