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Savills - Sydney CBD

1/37 York Street Sydney, NSW 2000

Directions

1/37 York Street
Sydney, NSW 2000

Shop & Retail • Hotel & Leisure

Price information

Sold

$1,570,000

Property extent

Partial

Tenure type

Tenanted Investment

Sold on

30 Aug 2019

Savills - Sydney CBD
1/37 York Street
Sydney, NSW 2000
Nick Lower
Selin Ince

Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000

Map of 1/37 York Street

Directions

HIGHLY DESIRABLE SYDNEY CBD GROUND FLOOR RETAIL

  • Secure Lease to Normcore Coffee
  • 30 Metres* to Wynyard Station
  • 5 + 5 Year Lease
The Savills NSW Metropolitan Sales Team are pleased to present to the market a Prime Strata Retail Opportunity in the Heart of the Sydney CBD. Shop 1, 37 York Street, Sydney.

Currently leased to the successful Normcore Coffee Cafe, this is one of their three Sydney locations. This is a rare chance for owner-occupiers and Investors alike to secure their own piece of the Sydney CBD.

Key Highlights:

• Fully leased for $92,000* to a strong tenant with multiple store locations

• Ideally located a short 30 metres* away from Wynyard Station: the 3rd busiest train station in NSW

• 130,000*+ passenger entry & exists per day

• Command high exposure - commercially capitalise from high flowing commuter foot traffic accessing the Station

• Ultimate Income Security: New 5 + 5 Year Lease with 4% increases annually

• Ideally located close to all major retail and transport amenities

This property is offered to the market by onsite public Auction at 12pm on Friday the 30th of August 2019

Property ID: 503275874Last Updated: 3 Dec 2019

Agency contacts

Savills - Sydney CBD

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Savills - Sydney CBD

Level 25, 1 Farrer Place
SYDNEY, NSW 2000
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Nick Lower

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Nick Lower
Savills - Sydney CBD
1/37 York Street Sydney, NSW 2000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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