Retail

197 Castlereagh Street, Sydney

197 Castlereagh Street Sydney, NSW Australia 2000
Asking Price Contact for pricing
Area Size
NOI Net Operating Income
NIY N/A

Attributes

Year Built 1995
Building Area Gross

Asset Description

JLL and Cushman & Wakefield have the privilege of offering Lot 1 of 197-199 Castlereagh Street, Sydney to the market. 

Investment Highlights

This fully-leased investment opportunity provides the following key benefits:


  • 100% leased to City Tattersalls Club (long standing covenant)
  • Long WALE of 9*^ years until 2031 with 2 x 5-year options
  • Net lease offering a "set and forget" investment opportunity
  • Rental growth of 3.5% annual reviews with market reviews at options
  • Located in thriving Sydney CBD centre less than 200m* to Town Hall, QVB, Hyde Park and Metro Stations
  • 2,622sqm* of contiguous NLA over 4 levels + 12 car parks
  • Net income of $1,430,246pa*^

For Sale via Expressions of Interest closing 4pm (AEDT), Thursday 8 December 2022. 

 

*Approx. | ^As at 14 November 2022 | NABERS exempt

Last Updated Date: 15 Nov 2022

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Last Updated Date: 15 Nov 2022

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