My philosophy is that there is a perfect property for everyone. This property will attract interest due to fact that it offers a wide range of opportunities to suit individual needs.
The Chelsea is a development which has a mix of commercial and residential premises. I have been instructed by the vendor to sell multiple lots in one line. The current zoning is Zone B8 Metropolitan Centre, the last tenant of this space was a commercial tenant.
The last sale I negotiated at The Chelsea was similar in that it offered the new owner a blank canvass and I expect all incoming purchasers will carry out extensive works.
A brief description of the combined lots; positioned on the second floor Lot 3 known as unit 13 with an 81 square metre floor plan comprising a foyer, four rooms and a terrace. Lot 4, known as unit 14 with a 152 square metre floor plan, it comprises four rooms plus kitchenette, two bathrooms plus terraces at the front and rear. If you review the floor plan it appears to have the look of a two-bedroom apartment, but zoned B8 Metropolitan Centre. The planning certificate will describe the permitted uses for this zoning, please note that permitted uses would need to fulfil both zoning and current building by laws.
In addition, there is an oversized car parking space being lot 142 which is 23 square metres. Please note that because the car parking space is commercial the state parking levy is applicable.
The Chelsea benefits from an excellent location close to Darling Harbour and sandwiched between the original heart of the city and the shining new one at Barangaroo.
For example, according to Google Maps it is 450 metres from International Towers, Barangaroo, 550 metres away from GPO Sydney near Martin Place, 600 metres to Pitt Street Mall with its array of world class shopping and finally 550 metres to QVB. The transport links are ubiquitous with ferries at King Street Wharf Harbour, Town Hall and Wynyard Train Stations plus access to Sydney Light Rail. I would highly recommend an early inspection.
