This recently refurbished strata shop is strategically located in Prince Centre overlooking Thomas Street Haymarket . Prince Centre is a retail and commercial building prominently located in the Chinatown precinct. This vibrant centre is located opposite Paddy’s market, close to UTS, Darling Harbour and Central Railway Station. The centre houses a wide variety of shops and restaurants with day and night trade frequented by local residents, office workers and students.
The property has wide glazed shop frontage offering excellent natural light and exposure to passing trade. The strata shops are located on the first floor of Prince Centre, a commercial and retail building with entrances from both Quay Street and Thomas Street. It is very close to the very popular Paddy’s market and within 200 metres from Central Station. Neighbouring businesses include Japanese and Korean restaurants, medical and professional practices, travel agents and education consultants.
Tenant:
Established local business – SK Travel Agency
Lease Term – 3 year lease + 3 year option
Rent Reviews – Annual 4 % increases
Gross Rental – $22,550 p.a.
Outgoings – $3660 ($2,360strata, water rates $696, council rates $600)
NET RENTAL – 19,000 p.a. (approx)