SOLD
Sold on 28 Oct 2024 for $179,300

505/368 Sussex Street
Sydney NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 505/368 Sussex St, Sydney

Building Type
Commercial
Year Built
1980
Local Government
Sydney
Lot/Plan
93/SP53004

Last Listing description (June 2023)

Furnished open plan boutique office offered for sale.

This is an exciting opportunity to acquire a commercial strata property within the Pacific Trade Centre, former 2GB radio building in a premium location near Chinatown, World Square and Town Hall.
The office is situated on 5th floor with 2 large north facing windows.

- North facing office with excellent natural light
- Meeting room and boardroom available
- On-site building management
- Centralised air-conditioning
- Security building with 24/7 access, open to public Monday to Saturday
- Excellent proximity to public transport

Outgoings:
- Water: $12.00 per quarter (approx.)
- Council: $193.00 per quarter (approx.)
- Strata: $745.00 per quarter (approx.)

Inspections are by appointment only. All reasonable offers considered.
Contact: Felix Felix 0403017669

Property History for 505/368 Sussex St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$179,300
28 Oct 2024
  • 03 Apr 2023
    Listed for Sale $230,000

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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 24,261 properties. Over the last 5 years, Houses in Sydney have seen a -19.21% decrease in median value, while Units have seen a 3.15% increase. As at 30 November 2024:

  • The median value for Houses in Sydney is $1,148,898 while the median value for Units is $1,160,981.
  • Houses have a median rent of $793 while Units have a median rent of $950.
There are currently 182 properties listed for sale, and 350 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 686 properties were sold in the past 12 months in Sydney.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.