Office for Sale, 200 Crown Street, Eastern Suburbs, 2010

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For Sale - Office, Commercial

CITY FRINGE A-GRADE FREEHOLD OFFICE BUILDING

Highlights

Newly renovated A-grade office building
NLA of 820sqm* across three storeys
Net passing income: $517,860 pa*

Overview

CBRE, as the exclusive sales agent, is pleased to present 200 Crown Street, Darlinghurst. Situated within the thriving Sydney City Fringe, this newly refurbished creative office building offers a secure investment in a fast-growing suburb. Located along Darlinghurst’s famous ‘eat-street’, 200 Crown Street is an A-grade office investment surrounded by the city fringe’s long list of amenities and dining options. With demand for office space in Darlinghurst and Surry Hills experiencing historical highs, the property is a trophy asset within a short walking distance of Sydney CBD. 200 Crown Street capitalises on the following key attributes: - Three storey office freehold building with NLA of 820sqm* - Newly refurbished with A-grade finishes - Fully occupied investment on long term leases - Net passing income of $517,860 per annum* with fixed annual increases of 4% - Significant depreciation benefits - Situated along Darlinghurst’s popular ‘eat street’ commanding three street frontages - Moments from the bustling Oxford and William Street - 8-minute walk* to Sydney CBD 200 Crown Street, Darlinghurst will be sold via online auction on Tuesday, 7 April at 12pm. Please contact the exclusive sales agents for further details. *Approximate Note: All financial figures have been provided by the vendor. Purchasers are advised to conduct their own independent due diligence.

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