429A Pitt Street Haymarket NSW 2000

Offices
161 m²
Sold

RARE FREEHOLD CITY FRINGE DEVELOPMENT OPPORTUNITY

Ultra-convenient and connected position
Significant development upside
Demolition clauses enables flexibility

Stonebridge Property Group and Colliers are pleased to present 429A Pitt Street, Haymarket, a rare freehold development site offering significant upside and an attractive holding income, located within the emerging Southern Sydney CBD Precinct.

The key highlights of the opportunity include:

- High-profile coveted position on Pitt St, improved with fully occupied three level strip retail building
- Rare freehold title and developable CBD site within walking distance to public transport links
- Favourable B8 zoning with 8:1 FSR permits development up to 175m and c.240% uplift in GFA*
- Demolition clauses for all tenants secures the development opportunity
- Central Precinct new mixed-use urban precinct set to rejuvenate Haymarket and surrounds
- Estimated net operating income of $363,087 p.a. + GST**

*STCA
**As at 1-Dec-22

429A Pitt Street, Haymarket is For Sale via Auction to be held on Thursday 1st December 2022 at 10:30AM (AEDT).

For further information, please contact the appointed agents.