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Investment highlights:

  • A thirteen storey freehold commercial building and 10 car spaces on separate title
  • One of only seven sub AUD$100m corner assets located along Clarence Street
  • Three street frontages, rooftop terrace and large balconies, providing an abundance of natural light
  • Net passing income of AUD$1.73 million per annum (average net rental $450/sqm)^ with positive rental reversion and income growth potential
  • Within close proximity to the AUD$5bn Darling Harbour Live & ICC Sydney development, Town Hall, Queen Victoria Building, The Galleries Victoria, Pitt Street Mall and the George Street Pedestrian Mall and light rail expected to be operating by 2019

Steven Tsang
Capital Markets, Sydney, JLL

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