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197 Clarence Street Sydney NSW 2000

  • Development / Land
  • 480 m²
  • For Sale, On Auction

FOR SALE AT PRICE. Boutique freehold asset, immediate to one of the world's top 10 luxury retail precincts

    The Agency in conjunction with Colliers are proud to offer for sale arguably one of Sydney's rarest boutique buildings with unique development upside (STCA), 197 Clarence Street, Sydney situated within the heart of Sydney's dynamic midtown precinct.

    197 Clarence Street is a six-storey federation Romanesque styled building constructed in 1906 with face brick and rusticated sandstone designed by renowned architects Robertson and Marks. The property comprises four levels of office space above ground and lower ground retail across approximately 480.1sqm of area. The asset offers the ability for a potential advantageous rooftop terrace activation which will provide astounding picturesque city skyline views and allow for multiple uses (STCA).

    Levels 1, 2 and 4 provide high quality self-contained boutique office fitouts while Level 3 provides the chance to refurbish and renew to a high-quality standard. All office floors are serviced by direct lift access, high ceilings, exclusive amenities and an abundance of natural light from two sides through oversized ornate windows. The property provides owner occupiers and investors the rare opportunity to acquire one of a few remaining sub 500sqm freehold buildings with reversion or value add potential in Sydney's midtown precinct.

    197 Clarence Street, Sydney is for sale at price of $8,950,000 GST free as a going concern.

    Michael Laing
    The Agency Commercial
    Michael Laing
    The Agency Commercial

    Property Highlights

    Property ID2017416924
    Floor Area450 - 550 m²
    Land Area480 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  16 Dec 2021
    Map for 197 Clarence Street Sydney NSW 2000
    Michael Laing
    The Agency Commercial
    Michael Laing
    The Agency Commercial

    Property Highlights

    Property ID2017416924
    Floor Area450 - 550 m²
    Land Area480 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  16 Dec 2021
    Level 1, 180-186campabell Parade Bondi Junction NSW 2022
    Michael Laing
    Michael Laing
    The Agency Commercial

    Michael Laing

    The Agency Commercial

    0414 *** ***
    0414 606 035

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