39 - 47 Regent Street,
Chippendale, NSW 2008
Offices
Key property information
Land area
Floor area
Property extent
Tenure type
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Map of 39 - 47 Regent Street
Prime CBD Freehold Building
CBRE and Savills are pleased to present 39-47 Regent Street, Chippendale.
The property presents a compelling opportunity for an investor looking to acquire a secure income stream with rental reversion potential, all whilst having a logical alternative use for residential in the building’s next life cycle.
39-47 Regent Street, Chippendale is being offered for sale via expressions of interest closing Thursday, 25 May 2017 at 5pm (AEST).
The property benefits from the following key attributes:
- Initial 15 year lease term to Navitas Limited (ASX 100 listed)
- Well established ASX listed company operating for over 25 years
- Net rent: $1,822,668 pa
- Net lease with tenant covering all outgoings including management
- Completely refurbished and renovated building with $11M+ spent on base build upgrades and tenant fit-out
- Strong Sydney city fringe location in an area that has undergone extensive regeneration
- Close to public amenities, restaurants/ cafes and transport infrastructure including Central Station and the new light rail
For further information, please contact the listed agents.
*Approximate
The property presents a compelling opportunity for an investor looking to acquire a secure income stream with rental reversion potential, all whilst having a logical alternative use for residential in the building’s next life cycle.
39-47 Regent Street, Chippendale is being offered for sale via expressions of interest closing Thursday, 25 May 2017 at 5pm (AEST).
The property benefits from the following key attributes:
- Initial 15 year lease term to Navitas Limited (ASX 100 listed)
- Well established ASX listed company operating for over 25 years
- Net rent: $1,822,668 pa
- Net lease with tenant covering all outgoings including management
- Completely refurbished and renovated building with $11M+ spent on base build upgrades and tenant fit-out
- Strong Sydney city fringe location in an area that has undergone extensive regeneration
- Close to public amenities, restaurants/ cafes and transport infrastructure including Central Station and the new light rail
For further information, please contact the listed agents.
*Approximate
Chippendale, 2008 demographic data
The median household income for Chippendale is $1,606, 23% lower than Greater Sydney's household income of $2,077. Chippendale has a younger age profile compared to the rest of Greater Sydney (median age 28 vs 37). Property ownership data shows 56% of property owners in Chippendale have a mortgage.
7,803
Population
$1,606 per week
Median household income
28 years
Median age
Renters
Most residents
Singles
Most households
02 9333 33...
39 - 47 Regent Street
Chippendale, NSW 2008
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
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