Shop 4 250 Pitt Street, Sydney, NSW 2000
Retail
Contact Agent
Published on: 15 Jul 2024
Last updated on: 19 Jul 2024
Property ID: 504639692
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Key property information
Floor Area
452.08 sq ft
Tenure Type
tenanted
Fully Leased to 2029 + 5 Year Option | Fixed 5.00% Reviews
Shop 4 250 Pitt Street, Sydney, NSW 2000
CBRE Capital Markets are pleased to exclusively offer for sale Shop 4, 250 Pitt Street, Sydney by way of Expressions of Interest closing on Thursday 15 August 2024 at 2:00pm Secure a ‘future-proofed’, passive retail investment positioned at the doorstep of major CBD infrastructure. The property has been well positioned with council approvals, construction works and leasing success to represent a truly passive, defensive retail investment whilst being set to benefit from increased pedestrian traffic and local infrastructure investment. Key Investment Highlights: - 42sqm* of Lettable Area - Mezzanine Storage - Fully Leased through to 2029 + 5 year option - Council Approved Food Premises - Premium 5.00% Annual Increases - Highly Pedestrianised Arcade - Net Passing Income: $65,718.78 p.a. (inc. GST) For further information or to arrange in inspection, please contact the exclusive selling agents.
Property Details
Basic Info
Basic Info
Property Type
Retail
Listing Status
On Market
Address
Shop 4 250 Pitt Street, Sydney, NSW 2000
Contact Agent
Email enquiry to CBRE - Sydney
Level 21, 363 George Street, Sydney, NSW 2000
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Property ID: 504639692
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