Bathurst Street offering to benefit from the Sydney light rail

Bathurst Street offering to benefit from the Sydney light rail
Jonathan ChancellorJuly 1, 2014

The 93 Bathurst Street, Sydney investment opportunity remains for sale.

Its net rent sits at $473,000 plus GST, fully leased to the global tenant in Patagonia.

The property was passed in for $8.4 million and remains under negotiation through Knight Frank agents Dominic Ong and Andy Hu.

The property is located on the southern side of Bathurst Street between George and Kent Streets, opposite Town Hall Square in the growing mid-town residential precinct.

The building underwent a refurbishment in 2010 including the installation of a new lift.

The Knight Frank marketing suggests the property will benefit from the CBD and South East Light Rail (CSELR) project which is due to be completed by 2019.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Editor's Picks

Capri prepares to welcome residents to resort-style villa community on Isle of Capri
Buyers take advantage of WA stamp duty concessions as Incontro Subiaco apartments near 50% sold
Gold Coast buyers starting to think longer-term: Five minutes with SRQ Projects Director Nick Clydsdale
A "passion project" not to be repeated: Inside DJ Fisher's Pescado Palm Beach with Jayde Pezet
Why Danby Lane in Nundah is more than just a project for Gardner Vaughan Group: Five minutes with Sam Gardner