$405,000 (To be sold as a going concern)

Investment Suite

- 27 sqm

- Open plan suite with internal water

- Good natural light

- High ceilings

- Individual controlled A/C

- 24-hour security access

- Close to Town Hall, Hyde Park and Westfields Mall



Tenancy Status

Lot : Lot 127, known as suite 1.06

Tenant : Details available on request

Lease start date : Oct 2020

Term : 2 years + 1 year option

Gross Rental : $17,550 (No GST)



Less Outgoings (Paid by the landlord)

Council Rates : $188.90 qtr

Water Rates : $34.00 per qtr

Strata Levies : $853.05 per qtr

Total Outgoings p.a. (approx.) $4,303.80 per year



NET RENTAL : $13,246.20

ASKING PRICE : $405,000

NET YIELD : 3.27% (approx.)



This boutique office is situated in a classic Heritage building located in a prime centre of the CBD location. The property has character and charm and features timber flooring and high set ceilings, wide window frontage and plenty of natural light. Additional features include private kitchenette, air conditioning, on floor bathroom facilities and 24-hour security access.

250 Pitt Street or Ashington Place is a landmark Heritage building, completely refurbished circa 2005. The building is conveniently located near the corner of Pitt and Park Streets and very handy to Town Hall, Hyde Park and Westfields Pitt Street Mall.



Call Robin 0426 251 234 or Email: [email protected]





All areas are approx. only. The information herein has been supplied to us. In passing the information on, it should be noted we so without any representation on our part to its truth or accuracy. All interested parties should make their own enquires, and obtain their own independent advice, in order to verify the information.

Property Code: 918