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198-222 Young St - Shops 7-28 3,875 SF Office Condo Unit in Waterloo, NSW 2017
Investment Highlights
- Located approximately 5 km south of the Sydney CBD, between McEvoy Street and Danks Street, within Sydney’s South Sydney / City Fringe precinct.
- Close to the Danks Street lifestyle and retail precinct, providing cafés, dining and amenities.
- Strong transport connectivity with proximity to Green Square, Waterloo and Redfern stations.
Executive Summary
198–222 Young Street is a large strata-titled industrial and commercial complex located in Waterloo, within Sydney’s South Sydney / City Fringe precinct, positioned between McEvoy Street and Danks Street. The property is commonly known as the Federation Business Centre, a well-established estate comprising multiple strata units accommodating office, showroom, warehouse, and light industrial uses.
Property Facts
| Total Building Size | 138,026 SF | Floors | 2 |
| Property Type | Flex (Condo) | Typical Floor Size | 69,007 SF |
| Property Subtype | Flex | Lot Size | 2.59 AC |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Total Building Size | 138,026 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Flex |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 69,007 SF |
| Lot Size | 2.59 AC |
| Parking Ratio | 0.75/1,000 SF |
Amenities
- Fenced Lot
- Signage
1 Unit Available
Unit 7
| Unit Size | 3,875 SF | Sale Type | Investment |
| Condo Use | Office |
| Unit Size | 3,875 SF |
| Condo Use | Office |
| Sale Type | Investment |
Description
Unit 7 is a total of 360 m², the property comprises two distinct components: a ground floor which is leased to an ASX-listed company and a fully refurbished first-floor office ready for immediate use. The upstairs space, totaling approximately 182 m² has been recently renovated.
Sale Notes
This rare dual-income opportunity offers a compelling combination of secure investment and immediate occupation potential in one of Sydney’s most sought-after city fringe locations. Spanning a total of 360 m², the property comprises two distinct components: a ground floor tenancy leased to an ASX-listed company, providing a stable income stream and covering 100% of outgoings including land tax, and a fully refurbished first-floor office ready for immediate use.
The upstairs space, totaling approximately 182 m², has undergone a $200,000 refurbishment and features soaring ceilings, abundant natural light, and a modern open-plan layout designed for creative and collaborative work environments. It also includes a private boardroom, kitchenette, and bathroom facilities, complemented by brand-new air conditioning and premium flooring.
Positioned in the vibrant Waterloo precinct, the property is surrounded by cafés, restaurants, and lifestyle amenities, ensuring strong tenant appeal and long-term value. This is an exceptional opportunity for owner-occupiers seeking a high-quality workspace with income security or investors looking for a premium asset in a thriving city fringe market.
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198-222 Young St - Shops 7-28
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