Recently Refurbished Sydney CBD Freehold - For Sale by EOI closing 20 November 2008

SOLD

50 Margaret Street

Sydney NSW 2000

Offices

FOR SALE

8722m2

    • Floorplans View Floorplan
50 Margaret Street provides the rare opportunity to acquire a Sydney CBD freehold investment in a prominent position directly opposite Wynyard Park.

It comprises a 16 level office building, basement parking for 14 vehicles, ground floor double height foyer and offices, mezzanine offices and thirteen upper floors of office accommodation, serviced by three high speed automatic lifts.

• Net Lettable Area of 8,722sqm*
• Tenancy status is 98% leased
• Net Income of $3.9 million (passing)
• Average office rent of $565 per sqm (Gross)
• Extensively refurbished in 2004-2005 at a cost of $9.3 million

*approx