131 Macquarie Street, SYDNEY NSW 2000
Expression of Interest
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- 16 Dec 2016
SYDNEY CBD RESIDENTIAL DEVELOPMENT SITE - UNINTERUPTED SYDNEY HARBOUR VIEWS
CBRE are pleased to present investors with an unrivalled opportunity to acquire the ground floor and levels 1-2, 4-7, 10-13 and 15-16 of Hudson House, 131 Macquarie Street, Sydney on behalf of the individual owners of each strata floor.
131 Macquarie Street is located on a prime site in the eastern corridor of the core precinct of the Sydney CBD. Macquarie Street extends from Hyde Park at its southern end to the Sydney Opera House at its northern end. The property is surrounded by many office and retail assets of note, including Chifley Tower and Aurora Place.
Current DA Approval: A Development Application (D2012/965) has been lodged and approved with consent to operate from 30 January 2013 and lapse on 30 January 2018. Change of use of levels 1 to 7 and levels 9 to 13 from commercial offices to 12 x 4 bedroom residential apartments. The before mentioned development approval was designed to complement the expansive views of Sydney Harbour and prominent frontage to Macquarie Street. Note this approval could achieve design efficiencies with inclusion of all strata lots allowing the purchaser to achieve a higher yield of apartments (subject to appropriate approvals).
The prime address benefits from access to arterial routes such as the Cahill Expressway, Eastern Distributor and Sydney Harbour Tunnel. Access to public transport is excellent with the Circular Quay ferry, bus and train interchange located at only a short walk to the north and Martin Place and Wynyard stations also close by.
The elevated position of Macquarie Street sees the property benefit from expansive Sydney Harbour views, as well as overlooking the Royal Botanic Gardens.
The property will be offered for sale by way of Expressions of Interest closing 4pm (AEST) Thursday 4th June 2015.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Expression of Interest Details
- Close Date:
- 04/06/2015 16:00:00
- Recipient Name:
- Delivery Address:
- Level 21, 363 George Street, Sydney NSW
131 Macquarie Street SYDNEY