36/37 York StreetSydney NSW 2000
Property Details for 36/37 York St, Sydney
Last Listing description (August 2024)
RWC South Sydney is pleased to present Shop 36/37 York Street Sydney.
A prime retail space situated in Sydney's vibrant CBD within the Western Corridor on York Street, this 103sqm (approx) strata titled shop presents an exceptional investment opportunity. With its strategic positioning and impressive features, it's poised to become a valuable addition to your portfolio. This retail shop benefits from high foot traffic and proximity to amenities and transport links such as Wynyard, QVB, Met Centre and light rail.
York Street frontage
Leased until 30/06/2027, with 5 year option
Gross income of $84,272 per annum plus GST (approx)
Secure long-term lease to tobacconist/newsagency
The property is offered for Auction, 18 June 2024 at 10:30am, if not sold prior to Auction
Property History for 36/37 York St, Sydney, NSW 2000
- 17 Jun 2024Sold for $1,720,000
- 21 May 2024Listed for Sale Auction
- 23 Feb 2016Listed for Rent - Price not available
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About Sydney 2000
The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.
Sydney has 23,941 properties. Over the last 5 years, Houses in Sydney have seen a -71.84% decrease in median value, while Units have seen a 5.01% increase. As at 31 October 2024:
- The median value for Houses in Sydney is $502,395 while the median value for Units is $1,163,718.
- Houses have a median rent of $800 while Units have a median rent of $950.
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