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410-412 Elizabeth St 1,087 SF Office Condo Unit Offered at $841,941 CAD in Surry Hills, NSW 2010
Executive Summary
410 Elizabeth Street is an office building in Surry Hills, located approximately 300 meters from Central Station. The building provides office spaces with flexible configurations featuring functional layouts with natural light and city views. Shared facilities available to tenants include seven meeting rooms, executive suites, breakout areas, showers, and a loading dock. The property is serviced by three passenger lifts, with some suites positioned opposite two of these lifts for convenient access. The location offers proximity to major transport options, including train and light rail services, and is situated within an area that contains a mix of commercial and creative businesses.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.72% |
| Sale Type | Investment |
| Cap Rate | 7.72% |
Description
Suite 102 at 400–412 Elizabeth Street, Surry Hills comprises a first floor strata office within a recently refurbished building. The tenancy provides an internal area of approximately 101 square metres and is configured with a combination of open-plan workspace, a glass-partitioned meeting room, and two private offices with interconnecting access.
The layout also incorporates an additional internal room suitable for storage, utilities, or staff breakout purposes. The suite benefits from a north-west facing corner position, allowing for natural light via street-facing windows.
The tenancy is air-conditioned and supported by shared bathroom facilities on the floor, with access to a separate storage room. The building provides lift access and is located on Elizabeth Street near the Devonshire Street intersection, within close proximity to Central Station and light rail services.
The layout also incorporates an additional internal room suitable for storage, utilities, or staff breakout purposes. The suite benefits from a north-west facing corner position, allowing for natural light via street-facing windows.
The tenancy is air-conditioned and supported by shared bathroom facilities on the floor, with access to a separate storage room. The building provides lift access and is located on Elizabeth Street near the Devonshire Street intersection, within close proximity to Central Station and light rail services.
Sale Notes
Suite 102, 400–412 Elizabeth Street, Surry Hills is offered as a strata office investment with a total area of approximately 101 square metres.
The sapce is currently tenanted, generating a gross passing income of $65,650 per annum plus GST under a three-year lease term and a further three-year option. Offered for sale with an asking price of $850,000, this suite presents an opportunity to acquire a leased commercial suite in the Surry Hills market.
The sapce is currently tenanted, generating a gross passing income of $65,650 per annum plus GST under a three-year lease term and a further three-year option. Offered for sale with an asking price of $850,000, this suite presents an opportunity to acquire a leased commercial suite in the Surry Hills market.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1.02 | 1,087 SF | Office | $841,941 CAD ($774.55 CAD/SF) | $65,027.56 CAD |
Unit 1.02
| Unit Size |
| 1,087 SF |
| Condo Use |
| Office |
| Price |
| $841,941 CAD ($774.55 CAD/SF) |
| NOI |
| $65,027.56 CAD |
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Unit 1.02
| Unit Size | 1,087 SF |
| Condo Use | Office |
| Price | $841,941 CAD ($774.55 CAD/SF) |
| NOI | $65,027.56 CAD |
| Sale Type | Investment |
| Cap Rate | 7.72% |
| Description | |
| Suite 102 at 400–412 Elizabeth Street, Surry Hills comprises a first floor strata office within a recently refurbished building. The tenancy provides an internal area of approximately 101 square metres and is configured with a combination of open-plan workspace, a glass-partitioned meeting room, and two private offices with interconnecting access.<br> <br> The layout also incorporates an additional internal room suitable for storage, utilities, or staff breakout purposes. The suite benefits from a north-west facing corner position, allowing for natural light via street-facing windows.<br> <br> The tenancy is air-conditioned and supported by shared bathroom facilities on the floor, with access to a separate storage room. The building provides lift access and is located on Elizabeth Street near the Devonshire Street intersection, within close proximity to Central Station and light rail services.</li></ul> | |
| Sale Notes | |
| Suite 102, 400–412 Elizabeth Street, Surry Hills is offered as a strata office investment with a total area of approximately 101 square metres. <br> <br> The sapce is currently tenanted, generating a gross passing income of $65,650 per annum plus GST under a three-year lease term and a further three-year option. Offered for sale with an asking price of $850,000, this suite presents an opportunity to acquire a leased commercial suite in the Surry Hills market.</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 | 89,362 SF | Typical Floor Size | 7,352 SF |
| Property Type | Office (Condo) | Year Built | 1980 |
| Building Class | B | Lot Size | 0.36 AC |
| Floors | 6 |
| Total Building Size | 89,362 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 7,352 SF |
| Year Built | 1980 |
| Lot Size | 0.36 AC |
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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410-412 Elizabeth St
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