130-142 Cumberland St, 103-117A Gloucester St, 1-3 Longs Lane & 13-15 Carahers Lane The Rocks NSW 2000
Development / Land
2,459 m²
For Sale, via EOI closing 4pm (AEST) Thursday 8th April 2021
Landmark Investment / Potential Value Uplift
2,459sq m* of 99 year leasehold land
18 properties all on one title
Current passing income of $231,364p.a**
Savills is proud to present for sale a 99 year leasehold interest in the Longs Lane Terraces, located in the heart of The Rocks.
- 2,459sq m* (including 313sq m* of Public Domain Areas) of 99 year leasehold land - Currently 17 dwellings and 1 commercial property all on one title - 2,604sq m* of net internal area - 9 of the 18 properties are currently tenanted - Current passing income of approx. $231,364p.a** - Significant potential value uplift - Close proximity to Circular Quay, Barangaroo and Sydney CBD
*Approx. **Covid rent relief
For sale via Expressions of Interest leading into a select Tender, closing 4pm (AEST) Thursday 8th April 2021.
