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724-728 George Street Sydney, NSW 2000

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724-728 George Street,
Sydney, NSW 2000

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HSBC BANK BUILDING FOR SALE

  • Land area: 557m² *
  • Building area: 3,383.70m²*
  • Total rental income: $1,600,000* p.a.
Colliers international is excited to offer for sale by Expressions of Interest this absolute prime retail property located in one of Sydney's high sought after precincts in the heart of the vibrant Chinatown.

This subject property is a 7 storey building anchored by HSBC bank with a new 5 year lease, the building was constructed 30 years ago and is the first time offered on market by the original developer.

Key Features:
• Prime corner location at George & Campbell Street Sydney / Haymarket precinct
• 7 Levels, comprise with ground and 1st floor retail, 2nd to 6th floor offices, and 7th floor Penthouse
• HSBC BANK has been trading in this building for 30 years and recently signed a new 5 year lease
• 95% of the building are leased
• Total Rental income $1,600,000 pa
• Land area 557 m²
• Building area 3,383.70m² approx.. (Retail, Office and Penthouse)
• The loading area are highly possible converted into another retail shop
• CKC Holdings are the original developer and owner of this building since developed
• First time offered on market since being developed 30 years ago

Method of Sale
This opportunity is for sale via an Expression of Interest (EOI) campaign.
All EOI are to be submitted in writing to Colliers International by Thursday 23rd June 2016 via email to Steam Leung(steam.leung@colliers.com) and Jordan Lee (jordan.lee@colliers.com).

Property ID: 501988338Last Updated: 4 Jun 2018

0412 236 1...
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724-728 George Street
Sydney, NSW 2000
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000

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