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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.

Property Highlights

Property ID2016834742
Floor Area2,604 m²
Land Area2,459 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  4 Mar 2021
Map for 130-142 Cumberland St, 103-117A Gloucester St, 1-3 Longs Lane & 13-15 Carahers Lane The Rocks NSW 2000
Map for 130-142 Cumberland St, 103-117A Gloucester St, 1-3 Longs Lane & 13-15 Carahers Lane The Rocks NSW 2000130-142 Cumberland St, 103-117A Gloucester St, 1-3 Longs Lane & 13-15 Carahers Lane The Rocks NSW 2000

Property Highlights

Property ID2016834742
Floor Area2,604 m²
Land Area2,459 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  4 Mar 2021
Savills Sydney
Level 25/1 Farrer Place Sydney NSW 2000

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