Strata Portfolio, 653-659 George Street, Haymarket | Property for sale | Savills
588 sq m
Price on application

Strata Portfolio, 653-659 George StreetHaymarket

    Key features

    • Outstanding retail exposure from George or Sussex Street
    • High foot traffic and 7-day late trade location
    • 2 x leased retail space + 1 leased restaurant with prime Sussex & George Street frontage
    • Mantra service apartment reception, back of house, car space & storage
    • Invest, or owner occupy in a tightly held market
    • Adjacent to Haymarket light rail stop on building’s doorstep
    • Opportunity to be purchased individually or in one line

    Motivated Vendor-Prime retail opportunities in Sydney's rapidly developing areas

    About this property

    • Savills NSW Asia Markets and Goodvest Realty team are pleased to offer the opportunity to secure one of the Premier locations in the heart of Sydney's Haymarket.

      The portfolio comprises 2 retail shops, 1 restaurant, car space, offices and storage units under the Serviced Apartment complex, managed by Accor. Sitting on the busiest junction of Sydney's Haymarket, facing Sussex Street or George Street, this subject portfolio is fully leased to established and proven operators at highly competitive rentals. The property provides multiple secure income streams, with plenty of potential upside and can be sold individually or in-one-line.

      Shop A - Lot 3
      - Prime George Street retail
      - Total internal size 75 sqm* with a 6.5m* frontage
      - Brand new 5 + 5 year lease with renowned bubble tea brand Milksha flagship
      - 5 years lease with gross income of $270,000 P.A
      - Adjacent to Haymarket light rail stop on the building's doorstep

      Shop D Lot 1
      - Boutique ground floor retail opportunity with plenty of street exposure
      - Total internal size 35 sqm*
      - Established tenant MySpec Optometrist.
      - Current approx. gross income $240,000 P.A*

      Shop E - Lots 5, 6,7 & 9 (To Be Sold as One)
      - Fully Equipped Hot Pot Restaurant with a Bonus Lobby, comprising of a thoroughfare between George and Sussex St
      - Total area 300 sqm* plus 178 sqm* consists of the reception, back of house area, car space and storage
      - Brand new 5 + 5 year lease with blue chipped tenant
      - Current approx. Gross income $364,000 P.A*

      Ultra-prime Haymarket Location in the absolute core of Sydney Haymarket and internationally renowned tourist destination.

      The property benefits from extensive Government infrastructure and transportation developments, including the Sydney Metro line, Darling Harbour, Light Rail and the recently announced City of Sydney Council's $ 44 million Chinatown Upgrade.

      For further information, or to book for an inspection, please contact the exclusive selling agents.

    Local information

    • Haymarket, Sydney

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aPrivate TreatyContact Agents588.00sq mAvailable