Case Studies

83 York Street, Sydney

Leased Offices In Western Corridor

83 York Street, known as the WTL Building, is located in Sydney’s Western corridor close to the Queen Victoria Building and Town Hall & Wynyard stations respectively.

In summary

Three tenancies had become available due to lease expiries. For example, one tenant purchased commercial strata space in Southern Sydney and another tenant vacated upon completion of its project.

An office on Level 4 was leased to a debt recovery firm that had outgrown its previous premises. An office on Level 6 was leased to a communications group seeking a mainly open plan office with reception/waiting area and main meeting room. Another office on Level 6 was leased to an IT company requiring boardroom, breakout space and on – site parking.

Each tenant had relocated from offices relocated from other buildings which were also on York Street near the subject property.

Lease Analysis 

* Level 4, 379.50sqm – Leased to debt recovery firm for 2 years at $182,160pa.
* Level 6, 130.70sqm – Leased to communications group for 2 years at $65,350pa.
* Level 6, 144.50sqm – Leased to IT company for 2 years at $72,250psmpa.
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