$986,000

- 58 sqm office suite

• 3-year lease in place
• Modern fitted suite with a large open plan area for 12 workstations and a meeting room
• Great outlook and natural light
• On-floor wet kitchen with zip tap and dishwasher
• Great Direct lift exposure
• The building has shower facilities
• Building is serviced by 6 lifts
• Recently refurbished lobby and lift
• Parking available in the basement
• Great CBD location
• Close to Circular Quay and Martin Place

109 Pitt Street is a prominent commercial building with six lifts and first-class building services including shower facilities, newly refurbished lobby, and onsite building management. The building's prime location between Martin Place and Hunter Street is ultra-convenient to Circular Quay, Australia Square, Martin Place, Wynyard, and Barangaroo via direct underground access.

Tenancy Details: Term: 3 years, Increases: 4%, Start date: 01/08/2025, Tenant: Details on request, Annual Rental: $43,500 + GST

Outgoings Lot 149, known as Suite 14.03: Council Rates: $400.50 per Qtr, Water Rates: $17 per Qtr, Strata Levies: $1,381 per Qtr, Total outgoings: $7,194 per year (approx.)

Net Rent: $36,306 + GST approx.

To be sold via private treaty. Asking price: $986,000 (To be sold as a going concern)

Net Yield: 3.68% approx.

Exclusive Agents: Robin 0426 251 234 or email: [email protected], Brian 0412 218 193 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 do 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.