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Lot 64, 84 Pitt Street Sydney, NSW 2000

Lot 64, 84 Pitt Street,
Sydney, NSW 2000

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Prime CBD Retail Investment Opportunity

  • Gross Passing income $338,160+GST pa*
  • Strata Area: 340m²*
  • Lease with options until 2023
Colliers International and Knight Frank are pleased to offer a prime retail shop located at Lot 64, 84 Pitt Street, Sydney. This property presents an unique retail opportunity to acquire a rare large strata retail at the ground floor in the heart of the CBD Financial District.

Key property features include:

• Gross passing income $338,160* + GST per annum
• Total strata area 340m²*;
• Secure lease to established CX computer store established since 1991;
• Lease with options until 2023;

Located at the door steps of Martin Place surrounded by offices of major corporations and in between major retailers JB Hifi and Priceline. Access to public transport is immediate with approximately 5 minute walk to both Martin place and Wynyard station.

In addition the property benefits the directly from the redevelopment and upgrade of major transport and infrastructure project throughout the CBD.

The property will be offered for sale via public auction on the Thursday the 24th of May at 10.30am

Sydney, 2000 demographic data

The median household income for Sydney is $2,227, 7% higher than Greater Sydney's household income of $2,077. Sydney has a younger age profile compared to the rest of Greater Sydney (median age 32 vs 37). Property ownership data shows 41% of property owners in Sydney have a mortgage.

16,667
Population
$2,227 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
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Lot 64, 84 Pitt Street
Sydney, NSW 2000
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Knight Frank - Sydney
Level 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000

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