Refurbished Office Suites
Known as Watson House, 300 George Street is a strata titled office building with approximately 43 lots built circa. 1964. The building is conveniently located between Martin Place and Hunter Street directly opposite the George Street entry to Wynyard station and light rail.
Following a full refurbishment of multiple floors including, but not limited to paint, carpet, perimeter walls, doors and ceilings, office suites of 66sqm and 97sqm became available for lease.
In summary
An office on Level 9 of 65sqm was leased to a health group requiring premises close to Wynyard station after establishing other locations already in Chatswood and North Sydney. Another office on Level 9 of 97sqm with kitchenette was leased to a project management firm which had outgrown nearby serviced office space. An office on Level 12 of 65sqm with partitioned meeting room and kitchenette was leased to a former tenant from a managed property situated within close walking distance on Pitt Street.
The face rental achieved in each instance was $750 psm pa gross, an increase of $150 psm pa gross above the previous rental rate for unrenovated office space in the same building.
Lease Analysis
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
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