Sorry, listing does not exist!

The listing you are trying to look at does not exist. It is either deleted by agent or has expired.

Sydney Retail Investment - 'Chinatown', Chinatown, Sydney, 2000, New South Wales

Auction 17-Oct-2012

Description:

Award Winning "Mamak" In Chinatown

- Prime Retail Investment
- Three Storey Freehold Property
- Fully Leased Income Returning $418,000

CBRE are pleased to offer for sale 15 Goulburn Street, Chinatown, Sydney. Salient attributes of the property include:

-Prime investment opportunity situated in the heart of Chinatown.
-Three storey freehold property returning approximately $418,000 + GST net p.a.
-Tenants including award winning, the famous Malaysian Cuisine Restaurant “Mamak” on the ground floor, nicely fitted, popular Korean Karaoke Bar / Room “Imperials” on level one and Kung Fu Academy (since 1999) on level two.
-85% of the total rental comes from the two retail tenancies.
-Located next to the prominent corner, neighbouring to Darling Harbour, World Square, Town Hall & Central Station.
-Value-added opportunity – reposition upper level into retail / restaurant or entertainment usage (STCA) to increase total rental income.
-Future redevelopment potential; underutilized site – favourable zoning for commercial / residential / hotel - height control 50 meters, max FSR 8:1 (STCA).
-Rare Chinatown investment opportunity – act now!

Located on the high profile Goulburn Street between Dixon and Sussex Streets in Chinatown, this property represents an outstanding investment opportunity for astute investors to purchase a tenanted investment in one of the most sought after Sydney CBD location.

This property is offered for sale by Auction, 10:30am, Wed 17 October 2012 at CBRE - Level 26, 363 George Street, Sydney, NSW 2000.

Please call or email Dominic today for an inspection or to obtain a copy of the property information memorandum.

Map



Contact Agent / Advertiser:
Dominic Ong

Handphone : Click for contact

Company : CBRE-Sydney

Dominic Ong

Send Message to Agent

Fields with * are required.





Property Details
For sale
Listing ID: 691096
QuikPro No: -
Property Type: Retail
Address: Sydney Retail Investment - 'Chinatown', 15 Goulburn Street, Chinatown, Sydney, New South Wales, 2000, Australia
Price: Auction 17-Oct-2012
Price (psf): Auction 17-Oct-2012
Monthly RentalAuction 17-Oct-2012
Rental (psf): Auction 17-Oct-2012
Building Size:8460.43 F² (approx)
Land Size:- n/a -
Tenure: -
Occupancy: Tenanted
Posted Date: 19/10/2012
Quick Links
sp-img1

Commercial Property in Australia Buying property in Australia

sp-img1

Popular News 2012 Year of Australian Commercial Property?

sp-img1

Guides & Resources Commercial & Industrial Property Articles and Guides