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DESCRIPTION:A Landmark Freehold at the Centre of Sydney's Transformation\nS
 tanton Hillier Parker is pleased to offer 280 Pitt Street\, Sydney\, a rar
 e Sydney CBD freehold investment and development opportunity positioned wi
 thin the rapidly evolving Midtown precinct.\n\nSet on a prominent 581sqm* 
 freehold site\, the heritage-listed asset comprises approximately 4\,244sq
 m* of net lettable area across retail\, office\, education and medical use
 s\, generating approximately $1.88 million per annum in gross passing inco
 me. Existing vacancy and leasing opportunities provide immediate value-add
  potential.\n\nThe property benefits from favourable SP5 Metropolitan Cent
 re zoning\, including an existing 8:1 FSR\, potential uplift to 14:1 (STCA
 )\, a 55-metre height limit and approximately 2\,234sqm* of transferable H
 eritage Floor Space\, creating significant future redevelopment potential.
 \n\nPerfectly positioned between Gadigal Metro and Town Hall Station\, and
  moments from Hyde Park\, Pitt Street Mall and World Square\, 280 Pitt Str
 eet represents a rare opportunity to secure a strategic CBD freehold inves
 tment with scale\, flexibility and substantial upside.\n\nKey Highlights:\
 n Sydney CBD freehold investment and development opportunity\n 581sqm* lan
 dholding with 4\,244sqm* NLA\n Passing income of approximately $1.88 milli
 on p.a.\n Value-add leasing and asset management upside\n SP5 Metropolitan
  Centre zoning\n 55m height limit and 2\,234sqm* Heritage Floor Space\n Po
 sitioned between Gadigal Metro and Town Hall Station\n\n*Approximate. \n^S
 ubject to Council Approval (STCA).\n\n
DTEND:20261008T160000
DTSTAMP:20260907T024444Z
DTSTART:20261008T160000
SEQUENCE:0
SUMMARY:Expression Of Interest: 280 Pitt Street Sydney/280 Pitt Street\, Sy
 dney NSW
UID:CRE-2021133060-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>A Landmark Freehold at the Centre of 
 Sydney's Transformation <br/> Stanton Hillier Parker is pleased to offer 2
 80 Pitt Street\, Sydney\, a rare Sydney CBD freehold investment and develo
 pment opportunity positioned within the rapidly evolving Midtown precinct.
  <br/>  <br/> Set on a prominent 581sqm* freehold site\, the heritage-list
 ed asset comprises approximately 4\,244sqm* of net lettable area across re
 tail\, office\, education and medical uses\, generating approximately $1.8
 8 million per annum in gross passing income. Existing vacancy and leasing 
 opportunities provide immediate value-add potential. <br/>  <br/> The prop
 erty benefits from favourable SP5 Metropolitan Centre zoning\, including a
 n existing 8:1 FSR\, potential uplift to 14:1 (STCA)\, a 55-metre height l
 imit and approximately 2\,234sqm* of transferable Heritage Floor Space\, c
 reating significant future redevelopment potential. <br/>  <br/> Perfectly
  positioned between Gadigal Metro and Town Hall Station\, and moments from
  Hyde Park\, Pitt Street Mall and World Square\, 280 Pitt Street represent
 s a rare opportunity to secure a strategic CBD freehold investment with sc
 ale\, flexibility and substantial upside. <br/>  <br/> Key Highlights: <br
 />  Sydney CBD freehold investment and development opportunity <br/>  581s
 qm* landholding with 4\,244sqm* NLA <br/>  Passing income of approximately
  $1.88 million p.a. <br/>  Value-add leasing and asset management upside <
 br/>  SP5 Metropolitan Centre zoning <br/>  55m height limit and 2\,234sqm
 * Heritage Floor Space <br/>  Positioned between Gadigal Metro and Town Ha
 ll Station <br/>  <br/> *Approximate.  <br/> ^Subject to Council Approval 
 (STCA). <br/>  <br/> </P></body></html>
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