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 the 2023/2024 financial year, there were 2 tenants who consolidated and relocated once their leases expired plus 2 owner occupiers who moved within their own portfolio.

In summary

An office on Level 9 with fit out and kitchenette was leased and then sold.
Adjoining offices on Level 9 which were fitted and furnished were also leased and then sold.
An office on Level 13 with partial renovation and North facing views was leased.
Another office on Level 13 with existing fit out was also leased.

Lease & Sale Analysis

Level 9, 33sqm Sold for $14,608psm
Level 9, 82sqm Combined sold for $14,608psm
Level 9, 33sqm Leased for $700psmpa
Level 9, 82qm Combined leased for $700psmpa
Level 13, 107sqm Leased for $700psmpa
Level 13, 62sqm Leased for $650psmpa

John Skufris 0414 969 221

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