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Burgess Rawson - Sydney

3/70 Pitt Street Sydney, NSW 2000

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3/70 Pitt Street,
Sydney, NSW 2000

Medical & Consulting • Shops & Retail • Offices

Price information

Sale

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

Private inspections

to arrange a private inspection.
Burgess Rawson - Sydney
Darren Beehag
Luke Easton
Kieran Bourke

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
3/70 Pitt Street
Sydney, NSW 2000

Map of 3/70 Pitt Street

Directions
  • Train stations within 5 km of 3/70 Pitt Street, Sydney, NSW 2000Distance
    Martin Place Station194 m
    Wynyard Station328 m
    St James Station530 m
    Circular Quay Station555 m
    Town Hall Station795 m
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  • Tram stops within 5 km of 3/70 Pitt Street, Sydney, NSW 2000Distance
    Pyrmont Bay Light Rail Station1.1 km
    Star City Light Rail Station1.2 km
    Convention Light Rail Station1.2 km
    Exhibition Light Rail Station1.5 km
    Capitol Square Light Rail Station1.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 3/70 Pitt Street, Sydney, NSW 2000Distance
    Spring St Before Pitt St148 m
    Martin Place Station, Elizabeth St, Stand C157 m
    Pitt St Opp Australia Square184 m
    Transurban222 m
    Wynyard Station, Carrington St, Stand A232 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 Private Treaty.

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)

For sale via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx

Property ID: 504572128Last Updated: 4 Jun 2024

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