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
104 Bathurst Street, Sydney is known as International House and is located at the intersection of Pitt Street about 100 metres from Town Hall. The property with historic listing was built circa. 1925 and comprises two merged brick office buildings with basement level, retail level plus seven storeys of office … Read more
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