SOLD
Sold on 21 Oct 2024 for $753,000

8/86-88 Pitt Street
Sydney NSW 2000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 52m2
Land area: 683m2
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Property Details for 8/86-88 Pitt St, Sydney

Building Type
Commercial
Year Built
1997
Floor Size
52m2
Land Size
683m2
Local Government
Sydney
Lot/Plan
8/SP58208

Last Listing description (November 2023)

Modern commercial office suite, north facing front of building
- Reception area
- Two executive offices

- Boardroom and ample storage
- Newly installed carpet
- Multiple car parking options nearby
- Ducted air conditioning system
- Premier building with two lifts
- Landmark location near Martin Place
- Minutes to Wynyard and Circular Quay
- Heart of financial district
- Access to large rooftop terrace

Size - 52 sqm

Rental - $800 pm2 per annum
($41,600 per annum plus GST)

Contact Details
Bill Nickolas 0414529529
bill@nickolasproperties.com.au

Property History for 8/86-88 Pitt St, Sydney, NSW 2000

A timeline of how this property has performed in the market
Last Sold
$753,000
21 Oct 2024
Listed for Rent
$35k/w
23 Nov 2023
  • 21 Oct 2024
    Sold for $753,000
  • 20 Oct 2023
    Listed for Rent $35,000 / year
  • 21 Jul 2015
    Listed for Rent $34,320 / year
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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 24,402 properties. Over the last 5 years, Houses in Sydney have seen a -61.16% decrease in median value, while Units have seen a 3.19% increase. As at 28 February 2025:

  • The median value for Houses in Sydney is $956,135 while the median value for Units is $1,104,617.
  • Houses have a median rent of $845 while Units have a median rent of $950.
There are currently 175 properties listed for sale, and 331 properties listed for rent in Sydney on OnTheHouse. According to CoreLogic's data, 633 properties were sold in the past 12 months in Sydney.

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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.