This is a unit on a parcel in 1/DP1186489 Woolloomooloo NSW. In the local government area Sydney, featuring 3 bedrooms, 2 bathrooms.
Invest Now, Develop Later! True CIty Fringe Warehouse!!The building consists of a solid two level warehouse space utilized as car garaging for the tenant/occupier Avis, a tenant of no less than 32 years in the property. A new 3 x 3 x 3 year lease (effectively a continuation) has just been executed and will commence on 16.12.12. There is a 6 month demolition clause that can be exercised after 16.12.16.The rental is approximately $150,500 p.a + GST on what is effectively a near net basis.The construction is of brick walls with concrete slab to ground and large weight bearing upper level. Vehicular access is possible off Brougham Lane to the ground floor and McElhone Street to the upper level. Concrete stairs, between levels, are located on the western side of the building facing Dowling Street. At the rear of the ground level is a small kitchen/staff amenities area.250 Dowling Street, Woolloomooloo has effectively three street frontages being Dowling, McElhone and Brougham Lane in the ultra-convenient City Fringe suburb of Woolloomooloo.Kings Cross, St James, Museum and Town Hall Railway Stations are 300m, 1.2km, 1.6km and 1.8km respectively from the property. In addition, public bus services run both east and west regularly along William Street. In terms of private transport a resident of this property has easy access onto the Eastern Distributor, Cross City Tunnel and Harbour Bridge.In addition to transport amenity, the property has easy access to East Sydney/Crown Street retail and eateries, Potts Point/Kings Cross restaurants and bars and Woolloomooloo with its famous finger wharf and pubs.For further information please contact John Romyn on 0414 183 712 or Scot Robertson on 0417 779 988.