CBRE Capital Markets are pleased to offer a 100% freehold interest in 706 George Street, Haymarket a generational opportunity to secure a fully-let freehold within Australia's global gateway city, Sydney.
For sale via International Expressions of Interest closing Thursday, 14th March at 5:00pm (AEST).
Investment Highlights.
- Irreplaceable and tightly held George Street freehold with expansive 12m* street frontage with a range of immediate value-add opportunities.
- Property is fully leased with demolition clauses in place, offering strong ability for potential rental reversion, redevelopment and or owner occupation.
- Gross Floor area of 318sqm* over 3 levels, with scope to improve current Net lettable area or potentially redevelop site^ individually or via site amalgamation.
- Non heritage asset with 226.7sqm* site area with favourable planning controls allowing for base FSR 8:1 and height control of 60 metres.
- Positioned directly on Chinatown light rail, creating an exceptional opportunity to secure a prime freehold asset with unrivalled branding potential on George Street.
- Direct benefit of City of Sydney councils $44-million masterplan strategy to revitalise Sydney's Haymarket and Chinatown districts.
- Strategically located just 600 metres from NSW government's multi-billion-dollar Tech Central precinct next to Sydney's Central Station and of short distance to World Square and Capital Square.
*Approximate
Please contact the exclusive CBRE selling agents for more information.
