Share this property

JLL - Sydney

208 Clarence Street Sydney, NSW 2000

Directions

208 Clarence Street,
Sydney, NSW 2000

Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Tenure type

Sold on

JLL - Sydney
208 Clarence Street
Sydney, NSW 2000
JLL - Sydney
James Aroney
Mitch Noonan

JLL - Sydney

Level 25, 420 George Street
SYDNEY, NSW 2000

Map of 208 Clarence Street

Directions

Fully leased Sydney CBD office investment with development upside

JLL and Knight Frank as exclusive sales agents, are pleased to present 208 Clarence Street, Sydney. 208 Clarence Street comprises of a refurbished boutique 7 storey commercial office building located within the Town Hall precinct of the Sydney Central Business District. The property is fully leased to two major tenants and in addition to the strong existing cashflow, the property provides future optionality via an approved Development Application for the construction of a new 15 storey Hotel.

Key investment highlights include:
• 100% Freehold interest in a 7 storey commercial building comprising 1,378 sqm* NLA in Australia’s most sought after office market – Sydney CBD
• Centrally located in the Western Corridor, a major growth corridor in Sydney CBD 
• Fully leased with a net passing income of $1,001,092 per annum*
• WALE of 3.99 years (by income) as 1 October 2019
• Alternative future uses available via DA approval for construction of a new 15 storey Hotel comprising 97 rooms, with Demolition Clauses in all Leases
• 150 metre* walk to Town Hall Station, George Street Light Rail and the Queen Victoria Building
• NABERS exempt

The property is being offered for sale by Expressions of Interest closing Tuesday 13 th August 2019 at 4:00pm (AEST).

Property ID: 503259182Last Updated: 11 Dec 2019

Agency contacts

JLL - Sydney
JLL - Sydney
Level 25, 420 George Street
SYDNEY, NSW 2000
View agency profile
progress tick

Sending email...

Email enquiry

James Aroney

Send to:

James Aroney
JLL - Sydney
208 Clarence Street Sydney, NSW 2000

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

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call