OFF MARKET

209/261 Harris Street
Pyrmont NSW 2009

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 85m2
Land area: 1539m2
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Property Details for 209/261 Harris St, Pyrmont

209/261 Harris St, Pyrmont is a 2 bedroom, 2 bathroom Unit and was built in 1995. The property has a land size of 1539m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1995
Floor Size
85m2
Land Size
1539m2
Local Government
Sydney
Lot/Plan
18/SP51507

Last Listing description (October 2023)

Situated in the central and convenient suburb of Pyrmont, with resort-style facilities and direct access to all amenities, this property is a fantastic opportunity for the investor, with potential for future residence in one of the most convenient pockets of Pyrmont.

This apartment features a spacious layout with the open plan living/dining, out to the quiet, private balcony. The building offers a Concierge, along with resort-style heated-indoor pool, with Spa, Sauna, Steam-Room, and Gym, available to the residents.

An ideal investment opportunity for an Investors portfolio, with a secured lease until May 2026, through Defence Housing Australia (DHA). Providing a guaranteed rental income (until the end of the lease), along with the peace of mind of DHA Property Care.

Located just 10 minutes walk to Darling Harbour, Pyrmont Bay Wharf, Sydney Fish Market, Wentworth Park and the vibrant shops and eateries of Harris Street. Easy access to Public Transport, the Cross-City Tunnel and Anzac Bridge.

Main Property Features:
Open plan lounge/dining with floorboards throughout
Two spacious bedrooms including master with ensuite
Modern kitchen, with ample storage, and quality appliances
Internal laundry and Private Balcony
Security intercom at main entrance, with Concierge Service
Secure car space, Pool, Spa, and Sauna
Short Stroll to shops, eateries and amenities

This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Please inquire or visit dha.gov.au, for further information regarding a DHA Lease and the associated benefits,

Current DHA Lease Terms:
Current Rent: $700.00 per week (assessed annually)
DHA Lease edition: Edition 6
Lease Term: Six (6) Years
Lease start date: 22/12/2017
Lease end date: 21/12/2023
Lease option: Three (3) Years
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months extension
Notes: The option and right to vary is at DHAs discretion, with the intention to exercise this option.

Note: Historical Property Photos used for marketing.

Outgoings:
Council Rates: $385.97 approx. per quarter
Water Rates: $156.03 approx. per quarter
Strata Levies: $1304.20 approx. per quarter
Inspections:
Please note that inspection of the property, is via private inspection only to Pre-Qualified Buyers, in accordance with DHA regulations. If you wish to inspect the property, please contact Jake Felicioni of Thomas Property, on 0455 448 843 or via jake@thomasproperty.com.au to arrange an inspection.

Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Thomas Property by third parties. Thomas Property have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and the purchaser/s should make their own enquiries and seek advice in respect of this property, or any property advertised by Thomas Property.

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Property History for 209/261 Harris St, Pyrmont, NSW 2009

A timeline of how this property has performed in the market
Last Sold
$850,000
13 Nov 2017
  • 09 Oct 2023
    Listed for Sale $925,000 - Inspection By Private Appointment
  • 04 May 2023
    Listed for Sale $950,000 - Inspection By Private Appointment
  • 13 Nov 2017
    Sold for $850,000
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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 9,363 properties. Over the last 5 years, Houses in Pyrmont have seen a 22.67% increase in median value, while Units have seen a 17.13% increase. As at 30 November 2024:

  • The median value for Houses in Pyrmont is $1,478,306 while the median value for Units is $1,332,608.
  • Houses have a median rent of $900 while Units have a median rent of $895.
There are currently 37 properties listed for sale, and 73 properties listed for rent in Pyrmont on OnTheHouse. According to CoreLogic's data, 303 properties were sold in the past 12 months in Pyrmont.

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