81 York Street, Sydney

Michael Laing 0414 606 035

Outstanding Sydney CBD freehold investment!

Office(s)

Sold

Property Information

  • Floor area approx 965sqm

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5 storey boutique heritage retail & office building.

11m frontage to the western side of York Street close to the busy King Street intersection.

81 York Street (circa 1881/82) is being offered to the market for the first time in 30 years.

o Substantially upgraded & fully leased.
o Site area: 311m2
o Net lettable area: 965.7m2
Retail: 186.6m2
Office: 779.1m2
o 2 x shops, both long standing tenancies comprising sushi/sandwich bar & Mitchell's Adventure Store.
o 4 x independent self contained whole office floors with an average floor space of 195m2.
o Quality tenants through-out the building with opportunity for future occupation of Level 1.

o Prime midtown position between King Street & Market Streets, adjacent to the Grace Hotel enjoying easy vehicular access from the north & east/west in close proximity to Town Hall & Wynyard Railway Stations.

o Estimated gross income of $504,000.00 per annum + GST.

o Building services renovated over recent years with the office floors refurbished comprising independent floor by floor air-cooled A/C systems.

o Character heritage facade with use of polished floorboards and sand blasted brick finishes to the upper levels providing creative style office environment.

o Excellent presentation & condition.

o Potential (subject to Council approval) for application for grant of 1555m2 approx transferable heritage floor space.

o Opportunity for redevelopment/strata conversion, again subject to Council approval.

81 York Street represents a rare offering to the tightly held CBD market.

Inspections by appointment.

Location and Amenities

Nearby Government Schools

Observatory Hill Environmental Education Centre, Fort Street Public School, Conservatorium High School, Ultimo Public School, Plunkett Street Public School, Sydney Distance Education High School, Crown Street Public School & Sydney Secondary College Blackwattle Bay Campus
+22 more

Nearby Private Schools

Holmes Secondary College, Macquarie Grammar School, St Andrew's Cathedral School, St Andrew's Cathedral Gawura School, Australian International High School, St Mary's Cathedral College, Oxford College, Sydney & Sydney Grammar School
+22 more

Contact Michael Laing for more information.

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