Secure your position in Sydney’s future - The Carpark at 109 Pitt Street, Sydney is a prime opportunity to acquire income producing real estate with an integral stake hold in a potential future development site. The carpark is an easy to manage asset underpinned by a lease to Secure Parking - Australia’s largest carpark operator until 2027 and is located at epicentre of the Sydney’s latest developments and infrastructure upgrades.
+ Leased to Secure Parking untill 2027
+ Net passing income of approximatley $1.635m p.a
+ One of only 5 stand-alone carparks availble for ownership in Sydney CBD
+ Core CBD location surrounded by premium office towers, retail ammenity & transport links
+ At the epicentre of key infrastructure upgrades & major commercial developments
+ Strong rental growth prospects with annual increases backed by forecast demand for space
For Sale by Expressions of Interest closing 4:00pm (AEDT) Tuesday 12th November 2019.