Introducing an exceptional opportunity to acquire a prime commercial building located on one of the main streets of downtown Sydney, offering unparalleled visibility and accessibility. This fully occupied property boasts a diverse group of high-quality tenants, ensuring a steady income stream and making it a fantastic investment. The building has been meticulously maintained by the current owner, reflecting a commitment to excellence and tenant satisfaction. With 28 dedicated parking spots available at the rear, convenience is a key feature for both tenants and their customers. Notably, the current asking price presents an impressive cap rate of over 10 percent, underscoring the property's potential for strong returns. Don't miss out on this remarkable investment opportunity in a vibrant and bustling urban environment! (id:47421)
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Detailed Information
Amenities Nearby
Shopping
Community Features
High Traffic Area
Listing Contract Date
2025-03-19
Location Description
Located on George street
Municipal ID
15059603
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Business
Business Type
Other, Retail and Wholesale
Business Subtype
Offices, Shopping center
Building
Amenities
Air Conditioning
Construction Material
Wood frame
Cooling Type
Heat Pump
Fire Protection
Alarm system, Smoke Detectors
Flooring Type
Wood, Other
Total Finished Area
13000 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Paved Yard
Land
Total Size
0.6529 acres
Amenities
Shopping
Size of Irregular Land
0.6529
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