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Property ID: 1P0972

154 Elizabeth Street Sydney NSW

Guide $2,000,000 / $9,000 PSM
  • Offices
  • Auction
  • 224 sqm
  • Tue 27th of Apr
    10:30 AM
  • AuctionWorks, 50 Margaret Street, Sydney
DIVERSIFIED INVESTMENT WITH THE IDEAL EXIT STRATEGY!
Noonan Property is pleased to present Suites 8-11, Metters Building, Level 3, 154 Elizabeth Street, Sydney for collective sale via Public Auction on Tuesday, 27th April 2021.

- Four adjoining professional office suites
- Diverse multi-tenanted investment offering
- Separate titles permit future individual sales
- Potential for future amalgamation (STCA)
- Quality suites with excellent natural light
- High ceilings maximising light and space
- Large windows and well-presented fitouts
- Attractive views overlooking Elizabeth Street
- Easy access to male and female bathrooms
- 73% securely leased to multiple tenancies
- Potential net income $91,020 per annum
- Prominent heritage building with lift access
- Striking main lobby area with spec finishes
- Well managed building with low outgoings
- Distinguished location near World Square
- Opposite the Downing Centre Law Courts
- Surrounded by quality restaurants and bars
- Close to Town Hall and Museum Stations
- Walking distance to Hyde Park and Central
- Rare opportunity in a tightly held precinct

SIZE PARTICULARS
Suite 8 - 36 sqm approx.
Suite 9 - 77 sqm approx.
Suite 10 - 51 sqm approx.
Suite 11 - 60 sqm approx.
Total Area - 224 sqm approx.

INVESTMENT OVERVIEW
Rental income - $115,020 per annum approx (assuming fully let)
Outgoings - $23,832 per annum approx
Net income - $91,188 per annum approx

AUCTION DETAILS
Date - 10:30am Tuesday, 27 April 2021
Venue - Auctionworks Centre, 50 Margaret Street, Sydney

CONTACT DETAILS
Tim Noonan - 0416 286 129
Ben Kennedy - 0449 286 129
Noonan Property - 02 9231 6000

DISCLAIMER
The above information has been furnished to us by a third party. Noonan & Co Pty Ltd trading as Noonan Property have not verified whether the information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquiries to determine whether this information is in fact accurate. Figures may be subject to change without notice.

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