9/23-25 O'Connell StreetSydney NSW 2000
Property Details for 9/23-25 O'Connell St, Sydney
Last Listing description (November 2015)
Permanent Trustee House is a 13-storey strata titled building situated at the epicentre of Sydney's buzzing financial Precinct. The building is situated on the western side of O'Connell Street between Bent and Hunter Streets. The lobby was refurbished in May 2015
- Refurbished lobby and refurbished tenancy
- Whole floor office of 368m2 with own bathrooms and kitchen
- Leased until March 2018 (no option).
- Net effective rental factoring incentives and outgoings is
currently $126,260 pa
- Asking price of $2,630,000 shows a net yield of 4.8% (approx.)
Property History for 9/23-25 O'Connell St, Sydney, NSW 2000
- 11 Jan 2024Sold
- 21 May 2016Listed for Sale Not Disclosed
- 08 Dec 2014Listed for Sale $2,630,000
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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 24,227 properties. Over the last 5 years, Houses in Sydney have seen a -31.09% decrease in median value, while Units have seen a 2.23% increase. As at 30 September 2024:
- The median value for Houses in Sydney is $1,121,984 while the median value for Units is $1,140,454.
- Houses have a median rent of $825 while Units have a median rent of $950.
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