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179 Cleveland Street, Redfern, NSW 2016

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179 Cleveland Street, Redfern, NSW 2016
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179 Cleveland Street, Redfern, NSW 2016

Properties / Buy / New South Wales / Redfern
Development Potential

1. Property Summary

Property Type
Residential, Commercial
Sub Type
Apartment Sites, Other
Land Area
506 m² (*approx)
Selling Method
Sale by Negotiation: Closing Thursday 19 September, 4:00pm
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2. Property Highlights

High Profile CBD Fringe Accommodation Investment
  • Trophy CBD fringe freehold investment
  • 63x studios plus 1x 2 bedroom apartments
  • $1,352,000 p.a. net income (FY24)

Knight Frank and Adam Charles as the joint exclusive selling agent is excited to present for sale 179 Cleveland Street, Redfern; a trophy Sydney CBD fringe investment opportunity.

Operating as the Hacienda Hotel, 179 Cleveland Street presents a rare opportunity to secure a high-profile commercial investment with multiple value-add opportunities.

Investment Highlights:

- Trophy CBD fringe freehold investment

- 63 x studios plus 1 x 2 bedroom apartment

- $1,352,000 p.a. net income (FY24) with scope to increase

- c.1,800 sqm* commercial freehold

- 12 basement car parking spaces

- 350m* to Redfern train station and 900m* to Central station

- Building has recently been renovated throughout

- Multiple opportunities to add value.

- Ideal corner land holding in a high exposure location.

- Selling at replacement cost!

For more information or to arrange an inspection please contact the exclusive selling agents.

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential, Commercial
Sub-type
Apartment Sites, Other
Land Area
506 m² (*approx)
Selling method
Sale by Negotiation: Closing Thursday 19 September, 4:00pm

2. Property Highlights

High Profile CBD Fringe Accommodation Investment
  • Trophy CBD fringe freehold investment
  • 63x studios plus 1x 2 bedroom apartments
  • $1,352,000 p.a. net income (FY24)

Knight Frank and Adam Charles as the joint exclusive selling agent is excited to present for sale 179 Cleveland Street, Redfern; a trophy Sydney CBD fringe investment opportunity.

Operating as the Hacienda Hotel, 179 Cleveland Street presents a rare opportunity to secure a high-profile commercial investment with multiple value-add opportunities.

Investment Highlights:

- Trophy CBD fringe freehold investment

- 63 x studios plus 1 x 2 bedroom apartment

- $1,352,000 p.a. net income (FY24) with scope to increase

- c.1,800 sqm* commercial freehold

- 12 basement car parking spaces

- 350m* to Redfern train station and 900m* to Central station

- Building has recently been renovated throughout

- Multiple opportunities to add value.

- Ideal corner land holding in a high exposure location.

- Selling at replacement cost!

For more information or to arrange an inspection please contact the exclusive selling agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Demi Carigliano
Demi Carigliano
+61 *** *** *** show +61 423 015 815
Message Message
+61 423 015 815 Demi.Carigliano@au.knightfrank.com Message
Anthony Pirrottina
Anthony Pirrottina
+61 *** *** *** show +61 402 666 093
Message Message
+61 402 666 093 Anthony.Pirrottina@au.knightfrank.com Message
Adam Bodon
Adam Bodon
+61 *** *** *** show +61 402 700 786
Message Message
+61 402 700 786 adam.bodon@adamcharles.com.au Message

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3. Property Location

179 Cleveland Street, Redfern, NSW 2016

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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179 Cleveland Street, Redfern, NSW 2016 Redfern
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Knight Frank - South Sydney
Knight Frank - South Sydney
​Suite 12G, Graphix Row, Sydney Corporate Park 160 Bourke Road, Alexandria, NSW 2015, Australia
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Demi Carigliano
Demi Carigliano
+61 *** *** *** show +61 423 015 815
Anthony Pirrottina
Anthony Pirrottina
+61 *** *** *** show +61 402 666 093
Adam Charles
Adam Charles
55, Miller Street, Pyrmont, City of Sydney, New South Wales, Australia, 2009
Adam Bodon
Adam Bodon
+61 *** *** *** show +61 402 700 786
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