Site area approx. 1,249 sqm improved by 2 storey walk up older style building comprising of 24 flatettes and 3 commercial suites as well as another free standing retail/commercial building with ample on-site parking for approx. 3 cars. GAR at the time was approx. $225,000.00.
The property had been previously marketed by various agents For Sale and Auction however a successful outcome was never achieved as everybody was focusing on development.
We saw an opportunity to present the property to an investor who could add value to the property and improve returns. The property was sold to a private investor and we have also been retained to manage the property
| Sales Analysis* | |
| Method of Sale: | Private Treaty |
| Marketing Time Frame: | Off Market |
| Marketing Budget: | N/A |
| Sale Date: | 9/12/2013 |
| Sale Price: | $4,000,000 |
*approx
185 Elizabeth Street is located between Park Street and Market Street, directly opposite of Hyde Park. The 12 – storey strata titled building is within walking distance to St. Mary’s Cathedral, Queen Victoria Building and the Anzac Memorial. The building’s facilities include an on- building management office, conference/meeting room in … Read more
Lease & Sale of Fitted Strata Office Suites 97 – 99 Bathurst Street is a 21 – storey strata titled office building completed circa. 1988 comprising retail, commercial and parking spaces. The building is located directly opposite St. Andrew’s Cathedral close to Town Hall and the Queen Victoria Building. During … Read more