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Under Contract - Prime Whole Floor Opportunity - 266 SqmProperty ID 1716416UNDER CONTRACT
Tenanted investment and delayed settlement 02 July 2018
16 O’Connell Street is one of the CBD’s best examples of commercial Art Deco architecture, showcasing an era of sophisticated style, class and elegance.
Situated within the traditional financial precinct and surrounded by premium grade office towers such as 1 O’Connell Street, 1 Bligh Street and Chifley Tower. The level of amenity is first class as evident with the Sofitel Wentworth and Radisson Plaza Hotel within close proximity.
Major transport hubs Wynyard, Martin Place and Circular Quay are all within walking distance.
Level 1 comprises 3 partitioned offices, generous size open plan area and internal plumbed kitchenette. 3 Elevator lifts service the building.
Leased to VGW Holdings Limited until 31 July 2018 without an option period, this allows for purchasers to take occupation from this date or re-lease on greatly improved commercial terms.
Lot details & size:
Lot 2/SP 55932 266 sqm (approx.)
Strata admin levy $5,814.04
Strata capital works $2,864.40
Council rates $1,028.10