3/70 Pitt Street,
Sydney, NSW 2000
Medical & Consulting • Shops & Retail • Offices
Price information
Sale - Auction Wed 15 May
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$88,118
Number of Tenants
1 Tenant
Tenants / Type
Medical
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
3/70 Pitt Street
Sydney, NSW 2000
Map of 3/70 Pitt Street
Train stations within 5 km of 3/70 Pitt Street, Sydney, NSW 2000 Distance Martin Place Station 194 m Wynyard Station 328 m St James Station 530 m Circular Quay Station 555 m Town Hall Station 795 m POWERED BY HERE ©Tram stops within 5 km of 3/70 Pitt Street, Sydney, NSW 2000 Distance Pyrmont Bay Light Rail Station 1.1 km Star City Light Rail Station 1.2 km Convention Light Rail Station 1.2 km Exhibition Light Rail Station 1.5 km Capitol Square Light Rail Station 1.5 km POWERED BY HERE ©Bus stops within 5 km of 3/70 Pitt Street, Sydney, NSW 2000 Distance Spring St Before Pitt St 148 m Martin Place Station, Elizabeth St, Stand C 157 m Pitt St Opp Australia Square 184 m Transurban 222 m Wynyard Station, Carrington St, Stand A 232 m POWERED BY HERE ©
POWERED BY HERE ©
Prime Sydney CBD Medical Investment – Major Potential Value Upside
- Successful Sydney CBD Medical Centre
- Future development upside potential
- Net Income: $91,745 pa* + GST
Burgess Rawson is pleased to offer to the market 3/70 Pitt Street, Sydney NSW for sale via our Investment Auction Portfolio 168.
The property has the following investment highlights:
+ Renewed lease to December 2025 plus options to 2029
+ Sydney CBD Medical Centre: Long established medical clinic with a proven history since 2004, specialising in general practice services
+ Well-presented 275sqm* ground floor medical clinic includes Laverty Pathology and Skin Clinic
+ Thriving Pitt Street location close to Australia Square, Wynyard Station, Martin Place, Circular Quay, The Rocks, Sydney Harbour Bridge and Opera House
+ Conveniently positioned close to complementary ancillary medical tenants including Sydney CBD Dentistry and Chemist Warehouse
+ Possible future site amalgamation for landmark CBD development
+ Attractive fixed 3% rent increases, including through option periods
+ Net Income: $91,534 pa* + GST (Significantly below market rent)
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
The property has the following investment highlights:
+ Renewed lease to December 2025 plus options to 2029
+ Sydney CBD Medical Centre: Long established medical clinic with a proven history since 2004, specialising in general practice services
+ Well-presented 275sqm* ground floor medical clinic includes Laverty Pathology and Skin Clinic
+ Thriving Pitt Street location close to Australia Square, Wynyard Station, Martin Place, Circular Quay, The Rocks, Sydney Harbour Bridge and Opera House
+ Conveniently positioned close to complementary ancillary medical tenants including Sydney CBD Dentistry and Chemist Warehouse
+ Possible future site amalgamation for landmark CBD development
+ Attractive fixed 3% rent increases, including through option periods
+ Net Income: $91,534 pa* + GST (Significantly below market rent)
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
Property ID: 504572128Last Updated: 2 May 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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