Iconic Circular Quay property sells for $20.5m

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Iconic Circular Quay property sells for $20.5m
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No wonder this is the most expensive retail strip in the country! 😳

Mr Lin said the property has a 90 sqm licenced outdoor space for 72 seats, with approximately 80 sqm of external area entitlement for a further 82 seats – making it one of the largest strata retail offerings on the strip.

“Regardless of recent rate rises and perceived worsening purchaser sentiment within the market, trophy assets such as ‘Eastbank’ have proven to be resilient and are still achieving premium results.” Circular Quay is considered to be the most expensive retail strip in the country, with recent Colliers transactions including sales over $150,000 per sqm for a 75 sqm shop and $130,000 per sqm for a 43 sqm shop.

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