Case Studies

147 King Street, Sydney NSW

The strata-titled commercial office building with historic listing known as Ashington Court is situated at 147 King Street Street, Sydney. It is near the intersection of Castlereagh Street opposite MLC Centre, close to Pitt Street Mall and Westfield, completed circa 1880.

In a relatively short timeframe, there were five office suites which had become available for lease for various reasons including, but not limited to:

Lease expiries; Owners relocating; Change of ownership

In summary

Two office suites on Level 2 leased to tenants preferring to be close to key clients or public transport. An office on Level 4 leased to an owner occupier relocating from premises nearby. Further, two more offices on Level 5 leased to tenants seeking partially furnished space as their previous landlords were either selling or proceeding with development.

Lease Analysis

Level 2, 13sqm Leased to newly established alterations group for 2 years at $12,000pa.
Level 2, 19sqm Leased to consulting firm for 1 year at $15,500pa.
Level 4, 25sqm Leased to real estate office for 2 years at $17,500pa.
Level 5, 25sqm Leased to business management team for 18 months at $18,000pa.
Level 5, 80sqm Leased to North Sydney based education consultancy for 3 years at $65,000pa.

0
Up to Date

Latest Case Studies

  • 97 – 99 Bathurst Street, Sydney

    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

    Read Full Study

  • Level 3 & Level 4, 142 Clarence Street, Sydney

    Minnamurra House is situated on the Eastern side of Clarence Street between Market Street and King Street in Sydney’s Western corridor close walking distance to Wynyard Walk and Barangaroo The 7 – storey office building is located between Wynyard and Town Hall stations comprising strata titled retail shops and commercial … Read more

    Read Full Study