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The Minerva, 30 Orwell Street, Potts Point, NSW 2011

Name: The Minerva, 30 Orwell Street, Potts Point, NSW 2011
Address: The Minerva, 30 Orwell Street , NSW, Potts Point, NSW, 2011
Telephone: +61 408 245 554

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SOLD

The Minerva, 30 Orwell Street, Potts Point, NSW 2011

Properties / Sold / New South Wales / Potts Point

Development Approved

1. Property Summary

Property Type

Commercial, Mixed Use

Sub Type

Hotel Sites, Land Site

Land Area

1,267 m² (*approx)

Selling Method

EOI: $29,500,000

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2. Property Highlights

DA Approved Iconic Landmark in City Fringe

Valuable envelope of 4,417sqm GFA
Flexible MU1 – Mixed Use zoning
Substantial 1,267 sqm* land holding

JLL, in conjunction with IB Property are pleased to present to market a remarkable opportunity to acquire a DA approved iconic landmark within Sydney’s coveted and tightly held Potts Point market.

•Generational opportunity to re-imagine one of Sydney’s most culturally iconic former theatres ‘The Minerva’.

•Valuable DA approval to re-vitalise the heritage building and create a versatile fusion of upscale hospitality and entertainment venue in addition to a lavish 63-room, 5-star boutique hotel extending to 4,417sqm of GFA.

•A substantial freehold 1,267 sqm* landholding across a level corner site with two street frontages and providing 2,326sqm* of existing built form with secure basement parking for 10 vehicles.

•Favourable MU1 – Mixed Use zoning allowing alternate redevelopment options such as creative commercial office or premium residential which capitalises on the approved envelope.

•Ideally located within Sydney’s city fringe one of the most tightly-held and scarce development destinations.

•Optimally positioned within 2km* of Sydney CBD yet befitting from the vibrant amenity of Potts Point famous for its cultural charm, abundance of cafes, upmarket restaurants, trendy bars and ideally situated between the harbourside precincts of Woolloomooloo and Elizabeth Bay.

Remember to mention you found this property on DevelopmentReady

Development Approved

1. Property Summary

Property Type

Commercial, Mixed Use

Sub-type

Hotel Sites, Land Site

Land Area

1,267 m² (*approx)

Selling method

EOI: $29,500,000

2. Property Highlights

DA Approved Iconic Landmark in City Fringe

Valuable envelope of 4,417sqm GFA
Flexible MU1 – Mixed Use zoning
Substantial 1,267 sqm* land holding

JLL, in conjunction with IB Property are pleased to present to market a remarkable opportunity to acquire a DA approved iconic landmark within Sydney’s coveted and tightly held Potts Point market.

•Generational opportunity to re-imagine one of Sydney’s most culturally iconic former theatres ‘The Minerva’.

•A substantial freehold 1,267 sqm* landholding across a level corner site with two street frontages and providing 2,326sqm* of existing built form with secure basement parking for 10 vehicles.

•Favourable MU1 – Mixed Use zoning allowing alternate redevelopment options such as creative commercial office or premium residential which capitalises on the approved envelope.

•Ideally located within Sydney’s city fringe one of the most tightly-held and scarce development destinations.

Remember to mention you found this property on DevelopmentReady

Development Approved