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810-812A George Street, Sydney NSW 2000, Australia

Name: 810-812A George Street, Sydney NSW 2000, Australia
Address: 810-812A George Street, Sydney NSW , Australia, Sydney Cbd, NSW, 2000
Telephone: +61 405 355 972

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SOLD

810-812A George Street, Sydney NSW 2000, Australia

Properties / Sold / New South Wales / Sydney Cbd

Development Approved

1. Property Summary

Property Type

Commercial

Land Area

300 m² (*approx)

Selling Method

EOI: Closing Wednesday 9 June, 4:00pm

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2. Property Highlights

Central Sydney Development Opportunity

• Freehold opportunity comprising a three storey commercial building offering 678sqm* of NLA
• Two street frontages offering a 12.5m* frontage to George Street and a 9m* frontage to St Laurence Lane
• Land parcel of 300.025sqm*
• Opportunity to acquire a boutique commercial property with a range of value-add opportunities including reletting the current space
• Potential to increase net returns through refurbishment of the existing offering (STCA)
• Opportunity to value add through construction of a number of additional levels and refurbishment of the existing floor space (STCA)
• DA approval for a 188 bed 10 storey hotel / backpackers
• FSR 7.5:1, HOB 50m and Zoned B8 – Metropolitan Centre
• Located within 350m* of Sydney’s Central Train Station and within 1.3km* of Sydney’s CBD
• Very tightly held commercial precinct, with minimal opportunities for entry
• Current tenants are on a month to month agreement

*Approx.

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Development Approved