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109 Pitt St - Randstad House 193 SF Retail Condo Unit in Sydney, NSW 2000
Investment Highlights
- In proximity to Martin Place, Pitt Street Mall, Circular Quay, and key corporate precincts.
- Located steps from the future Hunter Street Metro Station and Wynyard interchange.
- Projected daily pedestrian traffic of up to 90,000 following metro completion.
- Direct frontage at the Hunter Connection with maximum pedestrian exposure.
Executive Summary
109 Pitt Street is a well-maintained mixed-use building located in the heart of Downtown Cornwall. Positioned between First and Second Street, the property offers excellent visibility and accessibility in a highly walkable area. The building features a modern ground-floor commercial space complemented by upper-level residential units, creating a versatile layout suitable for a variety of uses. The property showcases strong curb appeal with an attractive façade and a layout designed for functionality and convenience. Its central location places it within close proximity to retail shops, dining establishments, and essential services, making it an ideal choice for businesses and residents alike. With its prominent downtown address and easy access to major thoroughfares, 109 Pitt Street stands out as a prime asset in a vibrant and growing community.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
Description
Prominent retail position within Hunter Connection, featuring 18 sqm of internal space plus 6.75 sqm of approved Pitt Street outdoor seating, with an additional stair-adjacent seating area pending strata approval.
Sale Notes
Positioned in the heart of Sydney’s financial core, Shop 1 at 109 Pitt Street offers a rare chance for investors to secure a blue-chip retail asset underpinned by long-term security and growth potential. This strata-titled property is strategically situated at the most exposed point within the Hunter Connection, benefiting from the city’s transformative infrastructure projects, including the Hunter Street Metro Station and its link to Wynyard Station and Brookfield Place.
The property is leased to Buongiorno! Café & Deli under a newly commenced 5-year term with a 5-year option, providing stable income and annual rental increases. It includes approved outdoor seating along Pitt Street, reinforcing its appeal to operators in a high-footfall environment. Pedestrian flows through this corridor are projected to surge to between 75,000 and 90,000 people daily upon metro completion, cementing this asset's long-term value.
For investors seeking a future-facing opportunity in Sydney’s CBD retail sector, this offering combines immediate income strength with enduring locational advantages that ensure lasting demand.
The property is leased to Buongiorno! Café & Deli under a newly commenced 5-year term with a 5-year option, providing stable income and annual rental increases. It includes approved outdoor seating along Pitt Street, reinforcing its appeal to operators in a high-footfall environment. Pedestrian flows through this corridor are projected to surge to between 75,000 and 90,000 people daily upon metro completion, cementing this asset's long-term value.
For investors seeking a future-facing opportunity in Sydney’s CBD retail sector, this offering combines immediate income strength with enduring locational advantages that ensure lasting demand.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 193 SF | Retail | Upon Request | - |
Unit 1
| Unit Size |
| 193 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Map
Unit 1
| Unit Size | 193 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| Description | |
| Prominent retail position within Hunter Connection, featuring 18 sqm of internal space plus 6.75 sqm of approved Pitt Street outdoor seating, with an additional stair-adjacent seating area pending strata approval.</li></ul> | |
| Sale Notes | |
| Positioned in the heart of Sydney’s financial core, Shop 1 at 109 Pitt Street offers a rare chance for investors to secure a blue-chip retail asset underpinned by long-term security and growth potential. This strata-titled property is strategically situated at the most exposed point within the Hunter Connection, benefiting from the city’s transformative infrastructure projects, including the Hunter Street Metro Station and its link to Wynyard Station and Brookfield Place.<br> The property is leased to Buongiorno! Café & Deli under a newly commenced 5-year term with a 5-year option, providing stable income and annual rental increases. It includes approved outdoor seating along Pitt Street, reinforcing its appeal to operators in a high-footfall environment. Pedestrian flows through this corridor are projected to surge to between 75,000 and 90,000 people daily upon metro completion, cementing this asset's long-term value.<br> For investors seeking a future-facing opportunity in Sydney’s CBD retail sector, this offering combines immediate income strength with enduring locational advantages that ensure lasting demand.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 200,392 SF | Typical Floor Size | 8,945 SF |
| Property Type | Office (Condo) | Year Built | 2010 |
| Building Class | B | Lot Size | 0.33 AC |
| Floors | 21 |
| Total Building Size | 200,392 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 21 |
| Typical Floor Size | 8,945 SF |
| Year Built | 2010 |
| Lot Size | 0.33 AC |
Amenities
- Bus Line
- Commuter Rail
- Concierge
- Property Manager on Site
- Bicycle Storage
Contacts
-
Andre Pang -
Brett Simpson -
Service First Property Group
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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109 Pitt St - Randstad House
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