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Shop 1/50 Reservoir Street
Surry Hills NSW 2010
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Sold on 1 Dec 2022

Shop 1/50 Reservoir Street Surry Hills NSW 2010

  • Offices
  • 80 m²
  • Sold, $975,000

FULLY LEASED RETAIL INVESTMENT IN EMERGING CITY FRINGE

  • Convenient to public transport links
  • Unique layout allowing two tenancies
  • Favourable annual CPI increases

Stonebridge Property Group and Colliers are pleased to present Shop 1 at 50 Reservoir Street, Surry Hills a strip retail investment with direct street frontage within the burgeoning Surry Hills precinct, set to benefit from the state's largest urban renewal project.

The key highlights of the opportunity include:

- Fully leased retail investment asset convenient to public transport links and Sydney CBD
- Accessible city fringe position within an emerging boutique commercial office market
- Unique floor plan enables dual and separate tenancies providing a diversified income profile
- Strong income growth potential underpinned by annual CPI increases
- Central Precinct - new mixed-use urban precinct set to rejuvenate Surry Hills and surrounds
- Estimated net operating income of $53,692p.a. + GST*

*As at 1-Dec-22

Shop 1 / 50 Reservoir Street, Surry Hills is For Sale via Auction to be held on Thursday 1st December 2022 at 10:30AM (AEDT).

For further information, please contact the appointed agents.

AUCTION

Auction date and time01/12/2022 10:30
Auction locationCooley CBD Auction Centre, Level 5, One Margaret Street, Sydney
Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place
Sydney, NSW 2000

Property Highlights

Date Sold1 Dec 2022
Sold Price$975,000
Floor Area80 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018158563
Category
Last updated  1 Dec 2022
Map for Shop 1/50 Reservoir Street Surry Hills NSW 2010

Nearest transport* to Shop 1/50 Reservoir Street Surry Hills NSW 2010

Bus
Train
Tram
Ferry
Elizabeth St At Reservoir St40 m
Elizabeth St At Hay St66 m
Campbell St At Foster St112 m
Belmore Park, Hay St156 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place
Sydney, NSW 2000

Property Highlights

Date Sold1 Dec 2022
Sold Price$975,000
Floor Area80 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018158563
Category
Last updated  1 Dec 2022

Listed by

Colliers International - Sydney
Call
02 9257 0222

More about Shop 1/50 Reservoir Street Surry Hills NSW 2010

Shop 1/50 Reservoir Street Surry Hills NSW 2010 is categorized as Office. It has a floor area of 80 m². The listing ID for this property is 2018158563.

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