111/243-271 Pyrmont StreetPyrmont NSW 2009
Property Details for 111/243-271 Pyrmont St, Pyrmont
Last Listing description (April 2023)
Karbon Property, in conjunction with Knight Frank, is pleased to present a unique, long leased city fringe strata offering, located within the iconic 'Goldsborough Building'. Spread over two lots, this 640sqm opportunity is located in one of the most prominent city fringe suburbs in Sydney, Pyrmont.
The property benefits from the following key investment highlights:
- $350,000 net income per annum with a 6 month personal guarantee
- Strong income stream with a 7-year lease term with a 5 year option.
- Flexible 9B approved space
- 640sqm of strata area with exclusive access from Pyrmont Street
- 5 car bays included on separate titles
- Located in Pyrmont, a suburb earmarked for considerable transformation with the announcement of the western Metro line within walking proximity to the property.
The property will be offered for sale via Private Treaty
Property History for 111/243-271 Pyrmont St, Pyrmont, NSW 2009
- 30 Aug 2023Sold for $5,765,000
- 01 Nov 2021Sold for $5,000,000
- 18 Jun 2021Listed for Sale Contact Agent
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About Pyrmont 2009
The size of Pyrmont is approximately 0.9 square kilometres. It has 17 parks covering nearly 11.1% of total area. The population of Pyrmont in 2011 was 11,618 people. By 2016 the population was 12,804 showing a population growth of 10.2% in the area during that time. The predominant age group in Pyrmont is 30-39 years. Households in Pyrmont are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Pyrmont work in a professional occupation. In 2011, 37.2% of the homes in Pyrmont were owner-occupied compared with 36.5% in 2016.
Pyrmont has 9,308 properties.
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