869 George St, ULTIMO | Property for sale | Savills
237 sq m
Price on application

869 George StULTIMO

  • Sold
Retail
237 sq m

Key features

  • 5 + 5 + 5 year lease to 7-Eleven with a net annual income of $175,881 with fixed 4.00% annual rental increases
  • Total building area of 237sq m* with rear lane access and prime George Street exposure
  • A fundamentally sound retail investment, metres from Central Train Station, the largest transport interchange in Australia and is responsible for connecting intercity and regional rail services, buses, coaches and light rail immediately fronting pedestrian traffic light.
  • Strategically positioned in the heart of the Education precinct the property is surrounded by major institutions such as TAFE, University of Technology, University of Sydney, and University of Notre Dame.
  • Future upside via additional tenancies and development potential (STCA)
  • Close proximity to Broadway shopping centre, directly across the road from central park mall development.
  • Short 10 minute walking distance to Chinatown and the Sydney CBD

AAA+ FREEHOLD INVESTMENT WITH SECURE LEASE TO 7-ELEVEN

About this property

  • 869 George Street provides an opportunity to secure a freehold super prime retail property on Australia’s most coveted street. A new long lease to a proven tenant (7/11) will provide instant rental income. The retail property is located on the door step of a multitude of amenities and transport such as UTS, TAFE, Central Park, Broadway, Chinatown and Entertainment Centres.

    The property is offered For Sale via Public Auction held on-site Friday 16th November at 12:30pm.

    *Approx.

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aAuction237.00sq mSold