SEPTEMBER ISSUE
WITHIN THESE PAGES:
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MESSAGE FROM THE DIRECTOR
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SALES OPPORTUNITIES YOU DON'T WANT TO MISS 193 Regent St, Redfern S407/12 O'Connell St, Sydney Lot 6/60 York St, Sydney 581 & 583 Military Rd, Mosman
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HOTTEST RECENT DEALS
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WHAT'S HOT IN RETAIL THIS MONTH 3 Temperance Ln, Sydney 25-29 Dixon St, Sydney 141 Broadway, Ultimo 447 Kent St, Sydney 191 Regent St, Redfern 1203 Botany Rd, Mascot
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SECURE A GREAT DEAL IN THE OFFICE MARKET 11-17 York St, Sydney 10 Bridge St, Sydney 171 Clarence St, Sydney 50 Clarence St, Sydney 28 Margaret St, Sydney 109 Pitt St, Sydney 115 Pitt St, Sydney 130 Pitt St, Sydney 89 York St, Sydney Level 7/387 George St, Sydney Level 2/741 George St, Haymarket 602/350 Kent St, Sydney 308/480 Pacific Hwy, St Leonards
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YOUR NEXT MEDICAL SPACE Level 2/187 Macquarie St, Sydney 41 Forbes St, Liverpool Shop1/161 New South Head Rd, Edgecliff
HOW TO INCREASE YOUR CHANCES OF LEASING YOUR PROPERTY POST COVID-19 While office occupancy rates have dropped enormously as a result of COVID-19 with employees mainly WFH, there have been historical trends showing office occupancy rates bouncing back much faster than expected after significant economic downturns. With vaccination rates in NSW rising and the desire to return to normal office life increasing, how can commercial landlords position themselves to respond to the strong rebound in office demand after lockdown? Now, more than ever, landlords need to pay close attention to the shifting requirements of their occupiers if they want to retain or attract tenants. Firstly, the purpose of the workspace is being reassessed due to the changing needs of occupiers. There will be a demise in traditional workstations as business seek more flexible multi-purposed and activity-based work areas. This reduction in demand for traditional workstations will mean if the office space is too large, landlords may benefit from subdividing and leasing to multiple tenants. Nowadays, tenants place great emphasis on finding spaces that are fully optimised to their needs. Hence landlords should consider providing existing fit outs so tenants can seamlessly move in without the hassle of doing their own fit outs. The commercial leasing market is currently experiencing incredible competition with high vacancy rates. Therefore, in order to stand out from the crowd and increase your chances of securing a tenant, landlords must consider attractive incentives such as offering fit out contributions or rent abatement. Should you have any further questions, please do not hesitate to reach out to Andre Pang on 0412 615 985 or andrepang@sfpg.com.au
André Pang Commercial Director
PAGE 3 | MESSAGE
SALES OPPORTUNITIES YOU DON'T WANT TO MISS... PAGE 4 | SALES
193 REGENT ST, REDFERN
IMP R E S S I V E M I X E D - U S E F R E EHOLD IN THE H E A R T O F R E D F E R N
FOR SALE
Prime location in the bustling precinct of Redfern
A U C T I O N : 1 0 : 3 0 A M TUES 5TH OCT (AEST)
Strategic hold for huge upside potential once Waterloo Metro and Masterplan is effected 4 min walk to Redfern Train Station
Auction Works - Mezzanine Level, 50 Margaret St, Sydney NSW 2000
3 min walk to upcoming Waterloo Metro Station Fully tenanted Retail and 3 bedroom Residential Current Gross Income $142,780 p.a incl GST* approx
Build Area 262 m2 Land Area 167 m2
Development/renovation potential to add value (STCA) INFORMATION MEMORANDUM AVAILABLE UPON REQUEST
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
*figures are based on yearly incomes and are approximate
S407/12 O'CONNELL ST, SYDNEY RARE OFF-MARKET OPPORTUNITY IN ICONIC CBD BUILDING
FOR SALE OFF MARKET Located within the tightly held, iconic 'Manufacturers House', this fourth floor suite offers an affordable office strata opportunity in the City core district surrounded by Premium and A Grade operators and will suit a variety of commercial, creative, medical and semi-retail operators.
Key Features: 133m2 200m from proposed metro station entrance and immediate to major existing infrastructure including Wynyard train station (220M), bus station and the George street light rail network (220M). The property is perfectly suited for owner occupiers and investors seeking a premium central location in Sydney CBD.
LOT 6/ 60 YORK ST, SYDNEY FOR SALE OFF MARKET Dynamic Suite in Sydney CBD Blue Ribbon Location This stunning suite, is located in the modern building of 60 York St. It features a great layout, and is located in an unmatched location within Sydney CBD.
Key Feautres: – 165m2 – Male and female bathroom facilities – Prominent commercial building with two lifts – Main lobby area with popular café & bakery – Prestigious, convenient and vibrant location – Close to Martin Place, QVB and Barangaroo – Minutes to Town Hall and Wynyard Station – Surrounded by excellent cafes and bars such as Barber Shop, Industry Beans, Employees only
SALES | PAGE 7
581 & 583 MILITARY RD, MOSMAN FOR SALE OFF MARKET Excellent Investment in Blue-Chip Location Service First Property Group has been appointed by the Vendor to offer For Sale, 581 & 583 Military Rd, Mosman.
Presenting a fantastic opportunity for investors, owner occupiers or developer, these two free-hold mixed use buildings hold a commanding position on the busiest retail location in Mosman.
The dwellings afford outstanding exposure, strengthened by the proximity to Mosman Council public car parking facilities. Surrounded by easy access to public transport including buses and ferries, easily connecting the properties to Sydney CBD and Northern Beaches.
Key Features: North facing, great abundance of natural light, Prominent glass frontage on main retail strip in Mosman Surrounded by leading high quality retailers Approximately 200 metres from the main bus station at Spit Junction SALES | PAGE 8
HOTTEST RECENT DEALS... PAGE 9 | DEALS
JUST SOME OF THE DEALS OUR COMMERCIAL PROPERTY TEAM HAS DONE... SOLD: SHOP 3/99 MILITARY ROAD, NEUTRAL BAY Immaculate Retail Space in Prominent Location
LEASED: 202 PARRAMATTA RD, STANMORE Prime retail space in the heart of Stanmore with incredible exposure.
LEVEL 9/187 MACQUARIE ST, SYDNEY Penthouse Level Corner Suite with Amazing Opera House and Harbour Views
LEVEL 6/350 KENT ST, SYDNEY Prime CBD Opportunity in the heart of Sydney CBD
WHAT'S HOT IN RETAIL THIS MONTH PAGE 11 | RETAIL
3 TEMPERANCE LANE, SYDNEY RARE FLAGSHIP LANEWAY OPPORTUNITY OFF ICONIC GEORGE ST ADDRESS
Take this opportunity to be in the most hip and iconic location
F O R L E ASE
of Sydney CBD. 3 Temperance Ln is located 2 buildings adjacent to the Apple Store and opposite Mid-City Centre. Previously tenanted by the luxury sneaker retailer SneakerBoy,
FOR MORE INFORMATION, PLEASE CONTACT ANDRE
this laneway space also comes equipped with exhaust and grease trap facilities making it an extremely ideal location to attract Restaurant and Bar patrons as well.
High foot traffic area Adjacent to iconic Apple store, opposite Mid-City Centre, parallel to Pitt St Mall Lettable area 165 m2* Equipped with exhaust fan and grease trap capabilities Ideal for bars/restaurants/retailers Flexible lease terms and outgoings negotiable
*approximate
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
25-29 DIXON ST, SYDNEY
LANDMARK DIXON ST FOOD LOCATION This landmark building, Harbour Plaza, has recently gone under brand new renovations and presents as a great opportunity for three Tenancies to apply to lease via EOI. The building is in an unmatched location of the Northern entrance of Chinatown and adjacent to Darling Square housing 1500 apartments. Shop A 337 m2 including 65m2 of private bathroom facilities Readily equipped for a restaurant Liquor licence STCA 3 Entrances including disabled access Shop B 16m2 Ideal for Juice bar/Bubble Tea/Takeaway Equipped with grease trap Shop C 120m2 Readily equipped for a restaurant 2 Entrances
RETAIL | PAGE 13
141 BROADWAY, ULTIMO PRIME RETAIL SPACE WITH UNBEATABLE EXPOSURE Now is the time to seize this opportunity to make your mark on an established address for a fantastic deal and secure this iconic Sydney location. Offering a rare prospect on Broadway with exceptionally high foot traffic and thousands of vehicles passing by everyday. This retail space will undoubtedly provide your business with the exposure it needs. Situated on one of Sydney’s most densely populated suburbs, consisting of a versatile mix of Residential, Retail and Commercial offices. Perfectly located walking distance to UTS, Sydney University, Central Park, Central Train Station and Broadway shopping centre. Contact Andre on 0412 615 985 or Jacqueline on 0452 531 423 to inspect this property today. – Stunning Heritage Building boasting unique Federation Style – Excellent position on Broadway among other fantastic operators – Suitable for Tobacconist or Convenience Store – Downstairs storage and private bathroom – Previously leased to an Asian Grocer – Rear Parking available – 4 minute walk from UTS and Broadway Shopping Centre, 12 minute walk from Central Station – Available immediately
RETAIL | PAGE 14 1
447 KENT ST, SYDNEY INCREDIBLY CONVENIENT RETAIL SPACE IN PROMINENT 'INTERPRO HOUSE' 447 Kent Street “Interpro House” is a prominent commercial building in the heart of the Sydney CBD. Large shop frontage providing excellent exposure to your business with high foot from workers in the building and vehicular traffic passing every day. Currently leased to a convenience store, but the floor plate shape will suit a variety of businesses. – Prime retail location – Suitable for Tobacconist or Convenience Store – Fantastic natural lighting – Great floor plate shape – In the heart of CBD, within a minute walk to Town Hall station & QVB – Only minutes away from Barangaroo, Darling Harbour, Hyde Park & Haymarket
RETAIL | PAGE 15
1203 BOTANY RD, MASCOT FANTASTIC RETAIL OPPORTUNITY WITH UNBEATABLE EXPOSURE
1203 Botany Road is set right in the heart of Mascot Village – a dynamic hub of shops, cafes, eateries and amenities. Banks, the post office, public school and library are all part of the community, connected to beaches and the city by frequent bus services. Situated adjacent to Mascot Arcade and AustGrade Swim School, you are guaranteed high foot traffic providing you with unbeatable exposure. Key Features: – Grease trap and exhaust fan – Fantastic signage opportunity – High exposure to both pedestrian and vehicular traffic – Adjacent to Mascot Arcade – Storage and lock-up garage – Modern bathroom and shower facilities – Rear lane access and additional tandem parking space
OPPORTUNITY| PAGE 16
SECURE A GREAT DEAL IN THE OFFICE MARKET PAGE 17 | OFFICE
LEVEL 6, 11-17 YORK ST, SYDNEY APPROVED 9B USE | EDUCATIONAL
Sublease term until 31 May 2024 Leafy Wynyard Park views Opportunity to adapt existing fitout
SUBLEASE OPPORTUNITY 1,024.5 sqm $600 psqm gross + GS T
Sublease term till 31 May 2024 plus five (5) year option. Space offers leafy Wynyard Park views and good natural light within the CBD connected location above Wynyard Station and Wynyard Walk. Opportunity to adapt/tweak existing fitout to minimise set up costs. Existing Permitted Use either Educational Facility or Commercial Premises.
Arriving at Wynyard Green is made easy with entrances to Wynyard Station & the Wynyard Walk, a 180 metre pedestrian link between Wynyard and Barangaroo. Brand new end of trip facilities (EOTF) recently completed in the basement of the building including showers and bike storage.
Existing fitout comprises 50 workstations 4x offices 2x kitchen breakout zones 3x meeting rooms 8x training rooms
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
EXCHANGE HOUSE, 10 BRIDGE ST LOCATION Located between George & Pitt St,
opposite
Building,
close
Burns
Phillip
proximity
to
Circular Quay
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
AVAILA B I L I T Y Available now
DESCRIP T I O N A 14 storey boutique commercial office building built to a high quality building standard. The building consists of 8,400sqm of net lettable area , 4 lifts and 31 car spaces in the basement car park. The building entry boasts a modern lobby with popular caffe and recently refurbished lifts. There are on site showers and bike racks plus parking
PREMIS E S C O M MENTS - Great location, boutique office building - Heart of the Financial Core - next door to Australian Stock Exchange
OUTGOI N G S Lessee to pay a pro-rata percentage of increases in outgoings over and above the base date
TERM 3-5 years
CAR PA R K I N G Available in building for $850 per month + GST + Levies
NOVA ARK, 171 CLARENCE ST LOCATION Located on the corner of King and Clarence St, diagonally opposite the Grace Building
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
AVAILA BILITY Available now
DESCR IPTION The building comprises 12 office floors with a ground floor, basement, storage area and car park
P REMIS ES COMMENTS Newly refurbished lobby Lift upgrades End of trip facilities Agile space provider names "Playground' on levels 7&8 providing 'flex space', meeting room and boardroom hire for tenants within building
OUTGOINGS Lessee to pay a pro-rata percentage of increases in outgoings over and above the base date
TERM Negotiable
CAR PA RKING N/A
GIO HOUSE, 50 CLARENCE ST LOCATION Located
between
Margaret
Erskine St
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
AVAILABILITY Available now
DESCRIPTION A 12 storey office block, completed in 1971. The foyer was extended in mid 1995
PREMISES COMMENTS Shower facilities and parking available Boardroom/conference room available for hire
O UTGOINGS Lessee to pay a pro-rata percentage of increases in outgoings over and above the base date + GST
TERM Negotiable
CAR PARKING 3 spaces available for rent plus 22 spaces in adjoining building
&
28 MARGARET ST LOCATION Situated on corner of Margaret and Clarence St, moment to Barangaroo and the City Core. The building is within two-min of Wynyard and the financial core of the city
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
AVA I LA B I L I T Y Available now
DESC RI P T I O N 28 Margaret St is a 14 storey building comprising a basement, ground floor, first floor parking area and 12 upper floors of office accomodation which was completed in 1984. The office floors enjoy excellent natural light with the corner positioning
PREMI S E S C O M MENTS Well located modern office building close to amenities and public transport
OUTG O I N G S Lessee to pay a pro-rata percentage of increases in outgoings over and above the base date
T ERM Negotiable
C AR P A R K I N G Available in the basement of prevailing market rate
SELECT HOUSE, 109 PITT ST LOCATION Located in the heart of the CBD the building is above the Hunter Connection retail arcade which offers direct access to Wynyard Station, and is close to the retail precincts of Pitt St Mall
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
AV A I L ABILITY Available now
DES C R IPTION A 21 storey office building with a basement car park completed in 1963. Refurbed in 1983, the ground floor was altered to form part of the Hunter Connection. Totally refurbished in 2003 to provide prestige strata office suits with areas from 46 m2 to whole floors.
PRE M I SES COMMENTS Well located modern office building close to amenities and public transport
OUT G O INGS Lessee to pay a pro-rata percentage of increases in outgoings over and above the base date
TER M Negotiable
CAR P ARKING N/A
115 PITT ST LOCATION Located on the western side of Pitt St between Hunter St and Angel Pl, the building provides excellent access to the Hunter Connection and Wynyard Station and is within close proximity to Martin Place
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
A VAILABILITY Available now
D E SCRIPTION 115 Pitt St is a 17 level office tower located in the heart of the financial core of the Sydney CBD. 115 Pitt St provides quality refurbished and fitted out office accommodation above ground floor retail and basement parking.
P R EMISES COMM E N T S Prime CBD financial precinct location situated on the western alignment of Pitt St between Hunter ST and Martin Place
O U TGOINGS Lessee to pay a pro-rata percentage of increases in outgoings over and above the base date
T E RM Negotiable
C A R PARKING Available in the basement at market rates
130 PITT ST LOCATION Situated near corner of Pitt and King St between two of Sydney's landmark addresses, Martin Place to the north and Pitt St Mall to the south, the building provides excellent proximity to all the city's amenities. Wynyard, Town Hall, Museum and Martin Place railway stations
are
within
easy
walking
distance
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
AVAIL A B I L I T Y Available now
DESCR I P T I O N 130 Pitt St offers recently high quality office spaces in Sydney's most established business precinct opposite No. 1 Martin Place and Sydney GPO. This coveted location offers unrivaled access to nearby transport networks, gyms, childcare, restaurants and world class retail facilities. The stylish foyer has been redesigned and upgraded to provide a contemporary corporate lobby featuring a vibrant cafe that is constantly buzzing with activity. The building also features an End Of Trip facility that includes showers, lockers and bike storage unit
PREMIS E S C O M M E N T S Exciting planned upgrades to the ground floor lobby, retail & end of trip facilities
OUTGO I N G S Currently estimated at $209/sqm FY21
TERM Negotiable
CAR PA R K I N G TBC
CHARLES BUILDING, 89 YORK ST LOCATION The
property
is
situated
on
the
western side of York St between King and Market St. The property is within immediate proximity to Pitt St Mall, Strand
Arcade,
Mid
City
Centre,
Westfield and only 100 metre from the QVB
ANDRE PANG 0412 615 985 ANDREPANG@SFPG.COM.AU
AVAILA B I L I T Y Available now
DESCRIP T I O N A 13 storey office building including two levels of retail with retailers the Barber Shop, Single O (cafe), POH The Baxters Inn and The Duke of Clarence (rear). The building has undergone a recent refurbishment program including ground floor lobby and lifts
PREMISE S C O M M E N T S Well located modern office building close to amenities and public transport
OUTGOI N G S Lessee to pay a pro-rata percentage of increases in outgoings over and above the base date
TERM Negotiable
CAR PA R K I N G Parking spaces available in the basement (subject to availability)
LEVEL 7/387 GEORGE ST, SYDNEY WHOLE FLOOR OFFICE IN PRIME SYDNEY CBD LOCATION Level 7, 387 George Street is a whole floor office space featuring polished concrete floors and direct lift access. It is situated in an award winning New-York style heritage building, boasting an unmatched location, in the new-look George St, adjacent to the new Apple Flagship store and in close walking distance to Town Hall, Wynyard and Pitt St Mall. – Superb high floor warehouse style space – Whole floor tenancy fronting George Street – Natural light coming through from 3 directions – Direct lift access – Toilets, shower & kitchenette on floor – Polished concrete floors – Direct lift access and alarm system – Glass boardroom drenched in sunlight facing George St – 145 sqm – Ducted air con
OFFICE | PAGE 27
LEVEL 2/741 GEORGE ST, HAYMARKET WHOLE FLOOR OR PART FLOOR OPPORTUNITY IN HAYMARKET/CHINATOWN This a great opportunity to secure a great lease in a fantastic location. 741 George St, is located at the southern end of George St, Within in a 1 min walk to the Haymarket light rail station, and less than 5 mins walk to Central Station, Chinatown and UTS. With its size and locality it is exceptionally suitable for educational and migration services.
Opportunity to lease whole floor or partially (either Suite A or B) Whole floor with separate male and female toilets Disabled toilet on ground floor Suitable for any business, especially Education and Migration Competitive rent and flexible lease terms Close walking proximity to Haymarket light rail, Central Station, Haymarket, Chinatown and UTS
OFFICE | PAGE 28
602/350 KENT STREET, SYDNEY NEW YORK STYLE OFFICE IN THE HEART OF SYDNEY CBD This beautifully light filled space is positioned in the best part of Kent St in between Market St and King St. It features high arching New York style windows with a spacious and dynamic floor plan suitable for all businesses especially for those looking for an edgy and creative vibe. Terms and rates are flexible and negotiable, take this opportunity to speak to the agent Andre Pang and enquire into this rare opportunity today! High arching New York style windows with plenty of natural light Spacious and dynamic layout allowing for a good mixture informal and meeting areas Blend of creative finishes including polished floors and feature walls Direct lift access Easily sub dividable and partitioned for collaborative opportunities or project sharing Renowned boutique building with dual street access from Clarence/Kent Modern and impressive lobby area with two well maintained lifts 3 mins walk to Town Hall and 7 mins walk to Wynyard Station Short walk to Darling Harbour and Barangaroo
OFFICE | PAGE 29
308/480 PACIFIC HIGHWAY, ST LEONARDS
A GRADE SUITE, PREMIUM LOCATION IN ST LEONARDS This suite, boasts an abundance of natural light and is located in the burgeoning newly built precinct of St Leonards only 6 mins walk to St Leonards Station and the Forum. Perfect for all professional businesses especially medical and cosmetic practices STCA 95 m2 6 mins walk to St Leonards Station and the Forum Ultra modern lobby and finishes NBN ready, high ceilings and climate control (A/C), video intercom Additional parking available at $350 pcm Virgin active gym within building (at additional cost) Attractive rent/incentives and flexible lease terms OFFICE | PAGE 30
YOUR NEXT MEDICAL SPACE PAGE 31 | MEDICAL
LEVEL 2/187 MACQUARIE ST, SYDNEY RARE OPPORTUNITY IN EXCLUSIVE MACQUARIE ST PRECINCT
Park House is located in the heart of the Macquarie Street office and medical precinct and is also in extreme proximity to the Supreme Court of New South Wales. This property is situated in one of Sydney's most esteemed commercial precincts overlooking the gorgeous Harbour views. Featuring a renovated lobby with 3 lifts, Park House also boasts an unmatched location. It is surrounded by iconic heritage buildings such as Parliament House, the State Library of New South Wales, The Sydney Mint and the Reserve Bank of Australia and only a very short 2 min walk to Martin Place Train Station. Opportunities like these don't come often. Secure this position now for a great deal and become a part of this prestigious commercial location. Contact Andre for an inspection today! Option 1: Suite A - 124.55 sqm Option 2: Suite B - 39.68 sqm Option 3: Both Suites A & B - 164.23 sqm - Exclusive location with premium views - Oversized reception and waiting area with storage - Generous consult and procedure rooms - Incredible natural lighting throughout - Small kitchenette
MEDICAL| PAGE 32
41 FORBES ST, LIVERPOOL PERFECT OFF THE PLAN OPPORTUNITY FOR MEDICAL CLINIC/ RESEARCH CENTRE This off the plan space is suitable ideally for a Medical Centre or any Medical/Health related businesses. It boasts a prime position adjacent to Liverpool Hospital, Ingham Institute and opposite Liverpool Boys and Girls High School and 11 mins walk to Liverpool Train Station. There is flexibility in addressing the needs of the successful tenant, with three layout options (as shown in the floor plans) Completion is expected for Feb 2021. Apply now to secure a great deal today!
MEDICAL | PAGE 33
SHOP 1/161 NEW SOUTH HEAD RD, EDGECLIFF BEAUTIFULLY FITTED OUT FOR COSMETIC OR GENERAL MEDICAL CLINIC
Perfectly fitted out for any cosmetic or medical clinic, with tastefully hidden sinks in each consultation room Beautifully fitted surgery and recovery area down stairs 2 car spaces Main road street exposure 3 mins walk from Edgecliff station and shopping centre 171 m2, flexible terms Comes furnished/unfurnished with current furnishings/fittings. Non medical businesses can also apply
MEDICAL | PAGE 34
FOR COMMERCIAL LEASING OR SALES INQUIRIES, PLEASE CONTACT ANDRÉ OR JACQUELINE.
ANDRÉ PANG Commercial Director 0412 615 985 andrepang@sfpg.com.au
JACQUELINE TRUONG Commercial Property Manager 0452 531 423 jackietruong@sfpg.com.au