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Overview
Prime CBD Office in sought after Ashington Place
Located within Ashington Place, an iconic commercial strata building, this well-positioned suite offers a compelling opportunity for investors seeking entry into the Sydney CBD market with strong leasing fundamentals. The suite provides approximately 28 square meters of internal space, ideal for small professional tenants, consultants, or businesses requiring a central city base.
The layout is functional and suitable for a variety of commercial uses, ensuring consistent leasing appeal for small businesses and professional services. The building is secure, featuring lift access for convenience and safety. Tenants benefit from access to common amenities including tea and coffee facilities as well as restrooms, enhancing the working environment.
Ashington Place is an established building with a stable tenancy mix, contributing to a reliable investment with a yield just under 6%. The property is situated in a prime central CBD location, within close proximity to Town Hall Station, Gadigal Metro, light rail, and major bus routes, facilitating easy access for tenants and clients alike.
The surrounding area is rich in retail, dining, and commercial amenities, including Pitt Street Mall, World Square, and Hyde Park. This vibrant environment supports ongoing tenant demand and offers long-term investment appeal.
Outgoings are approximately as follows: Water costs $85 per quarter, Council rates are $224 per quarter, and Strata fees are $1,135 per quarter, reflecting the costs associated with maintaining the building and common areas.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Sydney NSW 2000
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 28 m² |
Market Insights for Sydney NSW 2000
Other properties in this postcode
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